Akron, OH's Data
About Akron, OH's
Akron, located in the Great Lakes region about 39 miles south of Lake Erie, is the fifth-largest city in Ohio. Known as the 'Rubber Capital of the World,' Akron has played a pivotal role in developing the rubber industry, which significantly shaped its growth and development. The city was founded in 1825 near the Ohio and Erie Canal and has a rich history of manufacturing and innovation, including the establishment of major tire companies such as Goodyear and Firestone.
Things To Do in Akron, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Akron, OH
Stan Hywet Hall & Gardens - A historic estate established in 1915, featuring a Tudor Revival mansion, magnificent gardens, and a conservatory.
Akron Art Museum - A museum with a broad range of modern and contemporary art pieces, emphasizing regional and national art.
Akron Zoo - A smaller zoo known for its conservation efforts and a variety of animals in themed sections such as the Grizzly Ridge and the Wild Asia.
Cuyahoga Valley National Park - Located just north of Akron, offering numerous outdoor activities including hiking, biking, and bird-watching in a preserved natural setting.
Lock 3 - A dynamic downtown park that hosts festivals, concerts, and community events, transforming into an ice-skating rink in the winter.
The Economy of Akron, OH
Akron's economy has transitioned from its historical focus on rubber and tire manufacturing to a more diversified base, including polymers, advanced manufacturing, and healthcare. The presence of institutions like the University of Akron has spurred developments in research and technology, contributing to the city's economic landscape. Akron also benefits from a growing arts scene and a resurgence in small business growth, particularly in the downtown area.
Akron, OH Inflation
Understanding the BLS and Inflation in Akron, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Akron, 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 Akron, 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 Akron, 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 Akron, 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 Akron, OH
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