Richfield, OH's Data
About Richfield, OH's
Richfield is a village located in Summit County, Ohio, strategically positioned between Cleveland and Akron. The village, founded in 1809, boasts a rich history that reflects the development of Northeast Ohio. Richfield has maintained much of its rural character while serving as a crossroads for major highways, making it a gateway to both metropolitan areas. The community is also known for its preserved natural spaces and historic sites, contributing to its distinctive character.
Things To Do in Richfield, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Richfield, OH
Cuyahoga Valley National Park - A national park offering extensive hiking trails, scenic views, and a variety of wildlife.
Furnace Run Metro Park - Features lush woodlands, a rich diversity of plant species, and the scenic Daffodil Trail.
Richfield Heritage Preserve - A 336-acre area that offers hiking, fishing, and historic sites including restored buildings from the 19th century.
Revere Road Historic District - A notable area with several preserved 19th-century homes reflecting the architectural styles of the period.
Boston Mills/Brandywine Ski Resort - A popular destination for skiing and snowboarding, located just a short drive from Richfield.
The Economy of Richfield, OH
The economy of Richfield is diverse, with a mix of local businesses, service industries, and light manufacturing. The presence of several corporate headquarters, including the global headquarters of OEConnection, enhances its economic profile. The village benefits from its proximity to major cities, which facilitates business and commerce. Additionally, Richfield's scenic landscapes and well-preserved environment attract tourism and related services, adding to its economic stability.
Richfield, OH Inflation
Understanding the BLS and Inflation in Richfield, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Richfield, 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 Richfield, 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 Richfield, 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 Richfield, 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 Richfield, OH
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