Norwood, OH's Data
About Norwood, OH's
Norwood is a prominent city located in Hamilton County, Ohio, surrounded on all sides by the city of Cincinnati. Known for its historical significance and vibrant community, Norwood was incorporated as a village in 1888 and later as a city in 1902. This unique geographical positioning has earned it the nickname 'The Gem of the Highlands'. The city's history is marked by its development alongside the introduction of several major industries in the late 19th and early 20th centuries.
Things To Do in Norwood, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Norwood, OH
Rookwood Commons & Pavilion - A major shopping and dining complex that attracts visitors from across the Cincinnati area.
Victory Park - Known for its memorial monuments and as a community gathering space for events and recreation.
Norwood Hardware and Supply Co - A historic business, offering a glimpse into the city's entrepreneurial spirit and service industry.
Lindner Park - Features extensive recreational facilities including tennis courts, a playground, and walking paths.
Surrey Square - A small but significant shopping center reflecting the city's mid-20th-century economic development.
The Economy of Norwood, OH
Norwood's economy has historically been anchored by manufacturing, particularly with the presence of the United States Playing Card Company, which was a major employer until it moved in 2009. Today, the economy is diversified with contributions from retail, healthcare, and education sectors. The city has also seen a growth in small businesses and service industries, reflecting broader economic trends in the region.
Norwood, OH Inflation
Understanding the BLS and Inflation in Norwood, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Norwood, 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 Norwood, 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 Norwood, 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 Norwood, 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 Norwood, OH
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