Lafayette, IN's Data
About Lafayette, IN's
Lafayette is a city situated in Tippecanoe County, Indiana, United States. Founded in 1825, the city was named after the French military officer Marquis de Lafayette, a prominent figure in the American Revolutionary War. Located along the Wabash River, Lafayette serves as a major economic and cultural hub in northwestern Indiana. The city's proximity to Purdue University in neighboring West Lafayette significantly influences its cultural and social landscape, fostering a vibrant community atmosphere.
Things To Do in Lafayette, IN
Hike: Here are a couple of local trails to check out!
Local Attractions in Lafayette, IN
Columbian Park Zoo - A small 13-acre zoo that features more than 190 animals from over 90 species.
Prophetstown State Park - Offers a unique mix of natural beauty and historical education, featuring a recreated Native American village.
Haan Museum of Indiana Art - Showcases paintings, ceramics, and furniture primarily from Indiana artists, housed in a 1904 Classical Revival mansion.
Tippecanoe Battlefield Park - A historic site commemorating the 1811 Battle of Tippecanoe with a museum and walking trails.
Art Museum of Greater Lafayette - Features contemporary and historical art exhibitions, focusing on American artists, and offers various art classes.
The Economy of Lafayette, IN
Lafayette's economy is diverse, with strong influences from education, manufacturing, and healthcare sectors. The presence of Purdue University nearby bolsters both the educational services and research sectors. Major manufacturers like Subaru of Indiana Automotive and Wabash National, which are located in or near the city, play critical roles in the local economy. These industries provide a substantial number of jobs and have spurred economic growth in the region.
Lafayette, IN Inflation
Understanding the BLS and Inflation in Lafayette, IN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lafayette, 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 Lafayette, 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 Lafayette, 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 Lafayette, 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 Lafayette, IN
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