Sheffield Lake, OH's Data
About Sheffield Lake, OH's
Sheffield Lake is a small city situated in Lorain County, Ohio, United States, along the shores of Lake Erie. Established in 1915, it has grown from a quaint farming community to a suburban city with a rich history and a close-knit community. The city's location on Lake Erie has been pivotal in its development, providing residents with beautiful lakefront views and a variety of recreational opportunities.
City: Sheffield Lake
State: Ohio
Country: United States
Population: Approximately 9,000
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Sheffield Lake, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Sheffield Lake, OH
Sheffield Lake Community Park - A popular spot for family outings with facilities for picnics and sports.
Shell Cove Park - Offers scenic views of Lake Erie and a peaceful environment for relaxation.
Boat Launch Ramp - Used for launching boats into Lake Erie, popular among boating enthusiasts.
Shoreway Shopping Center - A local retail hub with a variety of shops and eateries.
Lake Erie Nature & Science Center - Located nearby in Bay Village, providing educational programs and wildlife rehabilitation services.
The Economy of Sheffield Lake, OH
The economy of Sheffield Lake is primarily driven by local businesses, with retail and service sectors playing significant roles. The proximity to larger cities like Cleveland also facilitates employment opportunities in larger industrial and service sectors for residents. The city benefits from its scenic location, which attracts tourists and bolsters local businesses, especially in the hospitality and retail sectors.
Sheffield Lake, OH Inflation
Understanding the BLS and Inflation in Sheffield Lake, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Sheffield Lake, 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 Sheffield Lake, 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 Sheffield Lake, 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 Sheffield Lake, 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 Sheffield lake, OH
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