Rangely, CO's Data
About Rangely, CO's
Rangely is a town situated in the northwestern part of Colorado, within Rio Blanco County. Known for its rich history linked to the Ute people and later, the oil shale boom, Rangely was incorporated in 1947. This town, nestled in a high desert landscape, serves as a gateway to the Dinosaur National Monument, emphasizing its geological and paleontological significance.
Things To Do in Rangely, CO
Hike: Here are a couple of local trails to check out!
Local Attractions in Rangely, CO
Dinosaur National Monument - A site renowned for dinosaur fossils and petroglyphs.
Camper Park - A local park offering camping facilities and outdoor activities.
Tank Center for Sonic Arts - An innovative sound art venue set in a repurposed water tank.
Cedar Ridges Golf Course - A scenic golf course providing recreational opportunities for residents and visitors.
Rangely Outdoor Museum - A museum showcasing the region's history, from its geological past to its oil industry.
The Economy of Rangely, CO
The economy of Rangely is predominantly influenced by the energy sector, particularly oil and natural gas extraction, which has been a staple since the mid-20th century. The presence of Colorado Northwestern Community College also contributes to the local economy through education and workforce development. The town benefits from tourism related to its proximity to natural and historical sites, which helps diversify its economic base.
Rangely, CO Inflation
Understanding the BLS and Inflation in Rangely, CO
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Rangely, 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 Rangely, 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 Rangely, 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 Rangely, 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 Rangely, CO
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