Parma, OH's Data
About Parma, OH's
Parma is a city situated in Cuyahoga County, Ohio, United States, and is a suburb of Cleveland. Established in 1816 and incorporated as a city in 1931, Parma is known for its rich history and cultural heritage. It is the seventh largest city in Ohio and has developed significantly since its early days as a predominantly rural community. The city's close proximity to Cleveland has influenced its growth and development, making it an integral part of the Greater Cleveland metropolitan area.
Things To Do in Parma, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Parma, OH
Ukrainian Village - A vibrant district with unique shops, eateries, and cultural sites reflecting the city's strong Ukrainian heritage.
West Creek Reservation - A large park offering scenic trails, picnic areas, and a nature center, ideal for outdoor activities and wildlife observation.
Parma Snow Branch of the Cuyahoga County Public Library - Notable for its extensive collections and community-focused programs.
Ridgewood Golf Course - A well-maintained public golf course providing recreational opportunities for golf enthusiasts.
Stearns Homestead - A historical farm with museum exhibits, live animals, and educational programs showcasing Parma's agricultural past.
The Economy of Parma, OH
The economy of Parma is diverse, with a mix of manufacturing, retail, and service industries. Major economic drivers include healthcare, with several medical facilities and a regional hospital serving as key employers. Additionally, the city's manufacturing sector, although smaller than in its industrial heyday, still contributes to the local economy. Parma has also seen growth in small businesses and retail sectors, supported by its strategic location near major highways and Cleveland.
Parma, OH Inflation
Understanding the BLS and Inflation in Parma, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Parma, 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 Parma, 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 Parma, 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 Parma, 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 Parma, OH
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