Lakemore, OH's Data
About Lakemore, OH's
Lakemore Village is a small community located in Summit County, Ohio. Situated near Springfield Lake, Lakemore offers a quaint, tightly-knit atmosphere enriched by its scenic surroundings and a history rooted in the early 20th century. Originally developed to support local industries, the village has maintained its small-town charm while adapting to modern needs. Its proximity to Akron allows residents to enjoy rural tranquility with access to urban amenities.
Things To Do in Lakemore, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Lakemore, OH
Springfield Lake - A central recreational spot for fishing, boating, and scenic walks.
Tri-County Plaza - A shopping center that serves as a commercial hub for the village and surrounding areas.
Lakemore United Methodist Church - Notable for its community activities and long-standing presence in the village.
Wingfoot Lake State Park - Just a short drive away, offering picnicking, hiking, and wildlife viewing.
Springfield Bog Metro Park - Known for its unique landscape and opportunities for bird watching and nature photography.
The Economy of Lakemore, OH
The economy of Lakemore Village is primarily based on local businesses, retail, and services that cater to the needs of its residents and nearby communities. The village benefits from its proximity to larger cities like Akron, which provide broader employment opportunities. Economic activities in Lakemore are supported by small businesses and a focus on community-oriented services, reflecting its residential character.
Lakemore, OH Inflation
Understanding the BLS and Inflation in Lakemore, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lakemore, 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 Lakemore, 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 Lakemore, 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 Lakemore, 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 Lakemore, OH
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