Prospect, OH's Data
About Prospect, OH's
Prospect is a village located in Marion County, Ohio, United States. Established in 1824, the village has a rich history tied to the early development of Ohio. Positioned near the Scioto River, Prospect played a role in the local agricultural and transportation networks. It is known for its small-town charm and its preservation of historical buildings and traditions.
Things To Do in Prospect, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Prospect, OH
Prospect Village Park - A central community space offering recreational facilities and hosting local events.
Prospect Public Library - Provides educational resources and programming for all ages.
Scioto River - Nearby natural resource popular for fishing, boating, and scenic views.
Annual Prospect Firemen's Festival - A local tradition featuring parades, games, and community bonding.
Historic Downtown - Features a collection of well-preserved buildings and local shops.
The Economy of Prospect, OH
The economy of Prospect, Ohio, is primarily based on local businesses, agriculture, and services. The village benefits from its proximity to larger cities like Marion, which provides broader employment opportunities. Local businesses in Prospect often cater to the needs of the community and surrounding rural areas, supporting a stable economic environment.
Prospect, OH Inflation
Understanding the BLS and Inflation in Prospect, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Prospect, 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 Prospect, 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 Prospect, 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 Prospect, 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 Prospect, OH
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