Elida, OH's Data
About Elida, OH's
Elida village, located in Allen County, Ohio, is a small yet historically rich community. Established in 1852, the village was named after Elida, a popular novel of the time. Its development was significantly influenced by the construction of the railroad, which facilitated transportation and economic growth. Today, Elida is part of the Lima, Ohio Metropolitan Statistical Area, blending its historical roots with modern suburban living.
Things To Do in Elida, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Elida, OH
Elida Fieldhouse - A popular venue for local sports events and school competitions.
Downtown Elida - Features quaint shops and local dining options, offering a slice of small-town charm.
Elida Municipal Park - Provides recreational facilities including playgrounds and picnic areas for families and visitors.
Annual Elida Firefighter's Carnival - A local tradition featuring games, food, and entertainment, celebrating community spirit.
Heritage Park Trails - Ideal for hiking and nature walks, showcasing the natural beauty of the area.
The Economy of Elida, OH
The economy of Elida village is primarily driven by local businesses and services that cater to the needs of its residents and the surrounding areas. While it is largely residential, the village benefits economically from its proximity to Lima, where many residents find employment in various sectors including manufacturing, healthcare, and retail. The local school district is also a significant employer within the village.
Elida, OH Inflation
Understanding the BLS and Inflation in Elida, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Elida, 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 Elida, 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 Elida, 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 Elida, 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 Elida, OH
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