Hilo, HI's Data
About Hilo, HI's
Hilo is the largest town and census-designated place (CDP) in Hawaii County, Hawaii, which encompasses the Island of Hawaii. The city is situated on the eastern shore of the island and serves as a hub for the eastern region of Hawaii. Known for its rich history, Hilo has a cultural tapestry that includes native Hawaiian heritage and influences from the various immigrant groups who have settled there. It's also noted for its significant role in the island's sugar industry during the 19th and 20th centuries.
Things To Do in Hilo, HI
Hike: Here are a couple of local trails to check out!
Local Attractions in Hilo, HI
Rainbow Falls - A stunning waterfall known for the rainbow that often appears in its mist.
Liliuokalani Gardens - A picturesque Japanese garden that spans 30 acres, celebrating Japanese and Hawaiian heritage.
Pacific Tsunami Museum - Dedicated to educating the public about tsunami, with a focus on those that have impacted Hawaii.
Imiloa Astronomy Center - A science and discovery center that highlights the connections between Hawaiian cultural traditions and astronomy.
Hawaii Volcanoes National Park - Located near Hilo, this park is home to some of the most active volcanoes in the world and offers unique geological insights.
The Economy of Hilo, HI
Hilo's economy historically centered around the sugar industry, but has diversified since the industry's decline. Today, the economy is supported by tourism, agriculture, and education. The presence of the University of Hawaii at Hilo provides a substantial economic impact through education and research. Agriculture remains strong, with the growing of tropical fruits like papaya and orchids being particularly prominent. Tourism also plays a vital role, bolstered by Hilo's proximity to Hawaii Volcanoes National Park and its scenic waterfront.
Hilo, HI Inflation
Understanding the BLS and Inflation in Hilo, HI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Hilo, HI. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Hilo, HI understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Hilo, HI using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Hilo, HI when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Hilo, HI
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