Owensboro, KY's Data
About Owensboro, KY's
Owensboro is the fourth largest city in the state of Kentucky, located on the southern banks of the Ohio River. It is known for its rich American heritage and vibrant cultural scene. Established in 1817, Owensboro has a historical significance in the development of the western part of Kentucky. It has evolved from a small river town into a bustling center for commerce and culture, maintaining a strong connection to its roots in the Bluegrass State.
Things To Do in Owensboro, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Owensboro, KY
International Bluegrass Music Museum - Showcases the history of bluegrass music with interactive exhibits.
Smothers Park - A scenic waterfront park featuring playgrounds, fountains, and walking paths.
Owensboro Museum of Fine Art - Offers a variety of American and European artworks, and regional exhibits.
Western Kentucky Botanical Garden - Features themed gardens and educational programs.
Owensboro Antique Mall - A popular destination for antique lovers with a vast collection of unique items.
The Economy of Owensboro, KY
The economy of Owensboro is diverse, with strong influences from manufacturing, healthcare, and finance sectors. It is particularly noted for its role in the bourbon whiskey production, which is a significant contributor to its local economy. Additionally, Owensboro is a hub for healthcare services in western Kentucky, providing numerous jobs and supporting the regional economy. The city's efforts in revitalizing its downtown area have also spurred economic development, attracting businesses and tourists alike.
Owensboro, KY Inflation
Understanding the BLS and Inflation in Owensboro, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Owensboro, 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 Owensboro, 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 Owensboro, 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 Owensboro, 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 Owensboro, KY
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