Philomath, OR's Data
About Philomath, OR's
Philomath, Oregon, nestled in Benton County, derives its name from the Greek words for 'love of learning,' reflecting its origins with the Philomath College founded in 1867. Located in the heart of the Willamette Valley, approximately 5 miles west of Corvallis, Philomath serves as a gateway to the Coastal Range. The city's history is deeply intertwined with the timber industry, which played a significant role in its development and growth.
Things To Do in Philomath, OR
Hike: Here are a couple of local trails to check out!
Local Attractions in Philomath, OR
Benton County Historical Museum - Features exhibits on local history, including Native American artifacts and settler life.
Marys Peak - The highest point in the Oregon Coast Range, offering hiking, biking trails, and panoramic views.
Philomath Frolic & Rodeo - An annual event that includes a rodeo, parade, and music, celebrating local culture and heritage.
Clemens Community Pool - A public swimming facility offering lessons, lap swimming, and recreational swims.
Lupe's Community Garden - A community project providing space for residents to grow their own vegetables and flowers.
The Economy of Philomath, OR
The economy of Philomath has traditionally been anchored by the timber industry, although recent decades have seen a diversification with contributions from the education sector, small manufacturing, and local businesses. The proximity to Oregon State University in Corvallis supports a vibrant community of educational professionals and businesses catering to the needs of students and faculty. Additionally, the city has experienced growth in the arts and crafts sector, with local artisans contributing to an emerging local market.
Philomath, OR Inflation
Understanding the BLS and Inflation in Philomath, OR
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Philomath, OR. 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 Philomath, OR understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Philomath, OR 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 Philomath, OR 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 Philomath, OR
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