Newport, KY's Data
About Newport, KY's
Newport, Kentucky, nestled at the confluence of the Ohio and Licking rivers, is a quaint city rich in history and culture. Founded in 1795, Newport was a key site during the early western expansion of the United States and has a storied past, including its once-notorious reputation during the Prohibition era as a hub for gambling and nightlife. Today, it is part of the Cincinnati metropolitan area, offering a blend of historic charm and modern urban development.
Things To Do in Newport, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Newport, KY
Newport Aquarium - A state-of-the-art facility featuring a wide array of aquatic life from around the world.
Newport on the Levee - A popular shopping, dining, and entertainment complex on the banks of the Ohio River.
The Southgate House Revival - A historic church turned music venue, known for live performances in a unique setting.
General James Taylor Park - A scenic park offering views of the Cincinnati skyline and the Ohio River, ideal for picnics and leisure activities.
World Peace Bell - One of the world's largest free-swinging bells, symbolizing peace and unity.
The Economy of Newport, KY
The economy of Newport has evolved significantly over the years. Once dominated by manufacturing and its bustling river trade, the city's economic landscape now features a mix of retail, service industries, and tourism. Newport on the Levee, a large retail and entertainment complex, plays a crucial role in the local economy by attracting visitors from across the region. Additionally, the city benefits from its proximity to Cincinnati, allowing for economic collaboration and workforce sharing between the two cities.
Newport, KY Inflation
Understanding the BLS and Inflation in Newport, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Newport, 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 Newport, 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 Newport, 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 Newport, 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 Newport, KY
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