Ada, OK's Data
About Ada, OK's
Ada, Oklahoma, is a vibrant city located in Pontotoc County and serves as its county seat. Founded in 1891 by Jeff Reed, a Chickasaw citizen, Ada was named after the daughter of an early settler. The city was incorporated in 1901 and has since grown into a regional hub with a rich history, particularly noted for its involvement in the oil and gas industry during the early 20th century. Ada is also known for its legal significance, being the headquarters of the Chickasaw Nation and the site of the East Central University.
Things To Do in Ada, OK
Hike: Here are a couple of local trails to check out!
Local Attractions in Ada, OK
Wintersmith Park - A historic park featuring a lake, trails, and a public amphitheater.
East Central University - Home to the Hallie Brown Ford Fine Arts Center, offering cultural events and educational opportunities.
Chickasaw Nation Headquarters - Offers insights into the rich history and culture of the Chickasaw Nation.
McSwain Theatre - Historic theatre providing entertainment since 1920, showcasing a variety of performances.
Ada Arts and Heritage Center - A cultural center featuring local art exhibits and historical displays.
The Economy of Ada, OK
Ada's economy has traditionally been driven by a mix of agriculture, manufacturing, and legal services. The presence of the Chickasaw Nation contributes significantly to the local economy through investments in various sectors including tourism, retail, and healthcare. The city is also an educational center, anchored by East Central University, which provides employment and supports local businesses. Additionally, Ada has a growing sector in information technology and startup companies, supported by initiatives like the Ada Jobs Foundation.
Ada, OK Inflation
Understanding the BLS and Inflation in Ada, OK
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Ada, OK. 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 Ada, OK understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Ada, OK 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 Ada, OK 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 Ada, OK
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