Franklin, OH's Data
About Franklin, OH's
Franklin, Ohio, is a quaint city located in Warren County, part of the Dayton Metropolitan Statistical Area. Founded in 1796 and named after Benjamin Franklin, the city has a rich history that includes its establishment along the Great Miami River, making it a strategic location for mills and trade in its early days. Franklin's historical significance is further highlighted by its inclusion on the Miami and Erie Canal, which played a crucial role in the transportation and economic development of the region during the 19th century.
Things To Do in Franklin, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Franklin, OH
Franklin Public Library - A historic site offering a vast collection of books and community programs.
Lions Bridge - A scenic bridge over the Great Miami River, popular for its picturesque views and walking paths.
Franklin City Park - A community hub featuring playgrounds, sports facilities, and space for public events.
JD Legends Entertainment Complex - A multifaceted venue offering bowling, live music, and dining options.
Great Miami River Trail - A long trail ideal for biking, hiking, and observing local wildlife and natural scenery.
The Economy of Franklin, OH
The economy of Franklin is diverse, with a strong emphasis on manufacturing, retail, and services. The city has attracted various manufacturing firms due to its strategic location near major highways and its proximity to Dayton and Cincinnati. Local economic development efforts focus on revitalizing the downtown area and attracting new businesses to promote job growth and economic stability. The presence of small and medium-sized enterprises adds to the city's economic landscape, providing employment opportunities to the local population.
Franklin, OH Inflation
Understanding the BLS and Inflation in Franklin, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Franklin, 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 Franklin, 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 Franklin, 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 Franklin, 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 Franklin, OH
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