Odessa, MO's Data
About Odessa, MO's
Odessa is a small city located in Lafayette County, Missouri, United States. Established in 1878, the city was named after Odessa, Ukraine, reflecting the heritage of its early settlers. Odessa is strategically positioned along Interstate 70, making it a regional hub for commerce and transit between Kansas City and St. Louis. Its rich history and small-town charm contribute to its unique identity within the region.
Things To Do in Odessa, MO
Hike: Here are a couple of local trails to check out!
Local Attractions in Odessa, MO
Dyer Park - A popular recreational area with facilities for sports and family gatherings.
Odessa Historical Museum - Showcases local history and artifacts from the city's past.
Railroad Park - A scenic park located in the heart of the city, offering walking trails and picnic areas.
The Odessa Outlet Mall - A shopping destination with a variety of stores and eateries.
Lake Venita - A beautiful lake offering fishing, boating, and outdoor activities year-round.
The Economy of Odessa, MO
The economy of Odessa is primarily driven by agriculture, local businesses, and manufacturing. The city benefits from its proximity to major transportation routes, which supports local businesses and facilitates the distribution of agricultural products. Additionally, Odessa has seen growth in retail and service sectors, providing employment and supporting the local economy.
Odessa, MO Inflation
Understanding the BLS and Inflation in Odessa, MO
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Odessa, MO. 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 Odessa, MO understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Odessa, MO 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 Odessa, MO 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 Odessa, MO
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