Covington, KY's Data
About Covington, KY's
Covington is a vibrant city located at the confluence of the Ohio and Licking Rivers, opposite Cincinnati, Ohio. Founded in 1815 and named after General Leonard Covington, a hero of the War of 1812, the city boasts a rich history intertwined with the development of the northern Kentucky region. Covington is known for its historic architecture, notably in the Licking Riverside Historic District, and its role as a key city in the Cincinnati metropolitan area.
Things To Do in Covington, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Covington, KY
Roebling Suspension Bridge - A historic bridge completed in 1866, designed by John A. Roebling, predating his design of the Brooklyn Bridge.
MainStrasse Village - A charming area with a distinct German heritage, featuring unique shops, restaurants, and festivals.
Covington's Historic District - Offers a picturesque view of well-preserved 19th-century architecture and is a favorite for history enthusiasts.
Devou Park - A scenic park offering expansive views of Cincinnati, numerous hiking trails, and a public golf course.
The Carnegie - A multi-purpose arts venue housed in a beautifully restored building, offering theater productions, art exhibitions, and educational programs.
The Economy of Covington, KY
The economy of Covington is diverse, with strong influences from its proximity to Cincinnati. Key economic sectors include manufacturing, retail, and services, particularly in healthcare and education. The city has also seen growth in the technology sector, with various tech startups choosing Covington as their base, supported by urban revitalization efforts and business-friendly initiatives at the local government level.
Covington, KY Inflation
Understanding the BLS and Inflation in Covington, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Covington, KY. 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 Covington, KY understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Covington, KY 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 Covington, KY 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 Covington, KY
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