Ridgway, CO's Data
About Ridgway, CO's
Ridgway, often called the 'Gateway to the San Juans', is a small town nestled in Ouray County, Colorado. Founded in 1890 as a railroad town, it served as the headquarters and logistical center for the Rio Grande Southern Railroad. Ridgway is strategically located at the junction of U.S. Highways 550 and 62, offering spectacular views of the San Juan Mountains. This town, with its rich history linked to the railroads and mining industries, has evolved into a vibrant community that embraces both its heritage and natural beauty.
Things To Do in Ridgway, CO
Hike: Here are a couple of local trails to check out!
Local Attractions in Ridgway, CO
Ridgway State Park - Offers camping, fishing, boating, and beautiful trails
Ouray County Ranch History Museum - Preserves the ranching heritage of the region
Orvis Hot Springs - A natural hot springs spa open to the public
Dennis Weaver Memorial Park - A park dedicated to the actor and environmentalist, featuring trails and a large eagle sculpture
True Grit Film Locations - Explore sites where the original 'True Grit' movie was filmed
The Economy of Ridgway, CO
Ridgway's economy has transitioned from its historical roots in railroads and mining to a more diversified economy that includes tourism, outdoor recreation, and local arts and crafts. The town benefits from its proximity to popular ski areas and national parks, which attract visitors year-round. Local businesses thrive on tourism, and there is a growing community of artists and craftsmen. Additionally, Ridgway has become a hub for small-scale manufacturing and entrepreneurship.
Ridgway, CO Inflation
Understanding the BLS and Inflation in Ridgway, CO
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Ridgway, 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 Ridgway, 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 Ridgway, 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 Ridgway, 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 Ridgway, CO
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