Otterbein, IN's Data
About Otterbein, IN's
Otterbein is a small town located in Benton and Tippecanoe counties in the state of Indiana, United States. Established in 1872 and named after William Otterbein Brown who was a railroad official, the town has a rich history intertwined with the development of the railroads in the area. Its geographical positioning near larger cities like Lafayette provides residents with a blend of small-town tranquility and access to larger urban amenities.
Things To Do in Otterbein, IN
Hike: Here are a couple of local trails to check out!
Local Attractions in Otterbein, IN
Otterbein Public Library - A central hub for community gatherings and educational activities.
Downtown Otterbein - Features local dining and shops, providing a quaint small-town commercial experience.
Prophetstown State Park - Located nearby, offering hiking, camping, and a glimpse into Indiana's prairie and Native American history.
Wolf Park - A wildlife park in nearby Battle Ground, focusing on research and education about North American predators.
Jerry E. Clegg Botanic Garden - Located in Lafayette, this botanic garden showcases native flora and offers peaceful walking trails.
The Economy of Otterbein, IN
The economy of Otterbein is primarily driven by agriculture, reflecting its location in a predominantly rural part of Indiana. Local businesses and services cater to the needs of the community and surrounding areas. The proximity to larger cities such as Lafayette allows for additional employment opportunities in various sectors including education, manufacturing, and retail.
Otterbein, IN Inflation
Understanding the BLS and Inflation in Otterbein, IN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Otterbein, 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 Otterbein, 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 Otterbein, 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 Otterbein, 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 Otterbein, IN
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