Kokomo, IN's Data
About Kokomo, IN's
Kokomo, known as the 'City of Firsts,' is a city in Howard County, Indiana. It is recognized for its significant contributions to automotive and technological advancements, including the first car produced by Elwood Haynes in 1894. Kokomo is strategically situated 50 miles north of Indianapolis and serves as the county seat. The city's rich history is marked by its resilience and innovation, particularly in manufacturing and industry.
Things To Do in Kokomo, IN
Hike: Here are a couple of local trails to check out!
Local Attractions in Kokomo, IN
Seiberling Mansion - A historic Victorian-era mansion that now houses the Howard County Museum.
Elwood Haynes Museum - Dedicated to the life and innovations of Elwood Haynes, an inventor and industrialist.
Kokomo Automotive Museum - Features a collection of antique and classic cars, celebrating Kokomo's automotive heritage.
Kokomo Opalescent Glass Factory - The oldest art glass company in America, offering tours and workshops.
We Care Park - Known for its spectacular holiday light displays, attracting visitors from across the region.
The Economy of Kokomo, IN
Kokomo's economy has historically been anchored in manufacturing, particularly in the automotive sector. The city is home to several major employers, including Fiat Chrysler Automobiles (FCA) and Delphi Technologies. These companies have played a pivotal role in shaping the local economy, providing numerous jobs and fostering economic growth. In recent years, Kokomo has also seen developments in healthcare and education, which contribute to its economic diversity.
Kokomo, IN Inflation
Understanding the BLS and Inflation in Kokomo, IN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Kokomo, IN. 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 Kokomo, IN understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Kokomo, IN 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 Kokomo, IN 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 Kokomo, IN
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