New Castle, CO's Data
About New Castle, CO's
New Castle is a charming town located in Garfield County, Colorado. Nestled in the heart of the Colorado River Valley, it is surrounded by the picturesque landscapes typical of the Western Slope. The town was incorporated in 1888 and has a rich history tied to coal mining and the development of the West. Today, New Castle serves as a tranquil residential community with a strong sense of heritage and a growing appeal as a gateway to outdoor recreation.
City: New Castle
State: Colorado
Country: United States
Population: Approximately 4,800
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 New Castle, CO
Hike: Here are a couple of local trails to check out!
Local Attractions in New Castle, CO
Lakota Canyon Golf Course - A scenic golf course offering challenging play and stunning views of the surrounding mountains.
Burning Mountain Park - A central community park in New Castle, ideal for family outings and community events.
New Castle Historical Museum - Showcases the town's coal mining history and the development of the local community.
Alder Park - A popular spot for relaxation and recreation, featuring walking trails and sports facilities.
Hanging Lake Trail - A nearby hiking destination known for its beautiful turquoise waters and lush scenery.
The Economy of New Castle, CO
The economy of New Castle, Colorado, has historically been anchored by coal mining, but in recent years, it has diversified. Present-day economic activities include retail services, construction, and light manufacturing. The town benefits from its proximity to larger economic hubs like Glenwood Springs and Rifle, allowing residents to partake in broader employment opportunities. Tourism also plays a role, driven by the town's access to outdoor activities and its scenic beauty.
New Castle, CO Inflation
Understanding the BLS and Inflation in New Castle, CO
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like New Castle, CO. 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 New Castle, CO understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in New Castle, CO 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 New Castle, CO 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 New castle, CO
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