Lordstown, OH's Data
About Lordstown, OH's
Lordstown village is a small yet historically significant community located in Trumbull County, Ohio. Established in 1798 by settlers from Connecticut, the village has played an integral role in the region's development. Lordstown is perhaps best known for its automotive industry presence, particularly the General Motors assembly plant which was a major employer until its closure in 2019. The village's strategic location near major highways has also shaped its character and growth.
Things To Do in Lordstown, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Lordstown, OH
Lordstown Motors Factory - A hub for electric vehicle production, showcasing the future of automotive technology.
General Motors Lordstown Complex - Although closed, its historical significance as a former major automotive plant remains a point of interest.
Todd Nature Reserve - A local nature reserve offering trails and wildlife viewing, ideal for outdoor enthusiasts.
Lordstown Village Park - A community park providing recreational facilities and space for public events.
Trumbull Country Club - A nearby golf course known for its well-kept greens and challenging layouts.
The Economy of Lordstown, OH
The economy of Lordstown has been heavily influenced by the automotive industry for decades. The General Motors Lordstown Assembly Plant was the cornerstone of the local economy until its closure. Recently, the village has been transitioning, with efforts to diversify its economic base. Notably, Lordstown Motors, an electric vehicle startup, has taken over part of the former GM facility, signaling a shift towards green technology and manufacturing. This pivot is part of a broader regional effort to attract technology and energy sector investments.
Lordstown, OH Inflation
Understanding the BLS and Inflation in Lordstown, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lordstown, 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 Lordstown, 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 Lordstown, 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 Lordstown, 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 Lordstown, OH
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