Ada, OH's Data
About Ada, OH's
Ada is a quaint village located in Hardin County, Ohio, United States. It was founded in 1853 and is perhaps best known as the home of Ohio Northern University. The village's strategic location in the northwest central part of Ohio has played a significant role in its development. Ada's rich history is intertwined with the growth of the university, which has been a cornerstone of the community since its establishment in 1871.
Things To Do in Ada, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Ada, OH
Ohio Northern University - A picturesque campus with historic architecture and a vibrant educational atmosphere.
Railroad Park - A local park that offers recreational facilities and community events.
Ada War Memorial Park - Features sports fields, a swimming pool, and a playground.
Freed Center for the Performing Arts - Hosts a variety of performances and cultural events year-round.
Ada Historic Depot and Railroad Museum - Showcases the history of railroads in the region and Ada's development.
The Economy of Ada, OH
The economy of Ada is heavily influenced by Ohio Northern University, which is one of the village's largest employers. The presence of the university supports local businesses and services that cater to students and faculty. Beyond the educational sector, Ada also hosts several small manufacturing businesses, and its proximity to larger cities like Lima facilitates access to broader economic opportunities.
Ada, OH Inflation
Understanding the BLS and Inflation in Ada, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Ada, OH. 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 Ada, OH understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Ada, OH 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 Ada, OH 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 Ada, OH
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