Oneida, NY's Data
About Oneida, NY's
Oneida is a small city located in Madison County, New York. Named after the Oneida tribe, one of the original members of the Iroquois Confederacy, the city has a rich history intertwined with both Native American and European settler narratives. Situated within the upstate region, Oneida is strategically positioned near the geographic center of New York State, making it a pivotal area during its early development. The city was officially incorporated in 1901 and has since evolved into a community with a blend of residential, industrial, and commercial zones.
Things To Do in Oneida, NY
Hike: Here are a couple of local trails to check out!
Local Attractions in Oneida, NY
Oneida Community Mansion House - A historic site that was once the home of the Oneida Community, a 19th-century utopian community.
Oneida Rail Trail - A scenic trail for biking and walking that connects several parks and historical sites within the city.
Sherrill Brook Park - A local park offering recreational facilities such as sports fields, playgrounds, and picnic areas.
Turning Stone Resort Casino - A nearby resort and casino providing entertainment, dining, and golfing opportunities.
Oneida Lake - A popular spot for fishing, boating, and water sports, located just north of the city.
The Economy of Oneida, NY
The economy of Oneida is diversified, featuring a mix of manufacturing, retail, and service industries. Historically, the city was a hub for the silverware industry, primarily through the operations of Oneida Limited, which was once the largest producer of flatware in the world. Although the manufacturing sector has declined from its peak, it remains a significant part of the city's economic foundation. Today, Oneida benefits from its proximity to larger cities like Syracuse, drawing on regional economic activities while maintaining its small-town charm.
Oneida, NY Inflation
Understanding the BLS and Inflation in Oneida, NY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Oneida, NY. 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 Oneida, NY understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Oneida, NY 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 Oneida, NY 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 Oneida, NY
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