Oakwood, GA's Data
About Oakwood, GA's
Oakwood is a small city located in Hall County, Georgia, United States. It is part of the Gainesville, GA Metropolitan Statistical Area. Established with a focus on community and development, Oakwood has grown from a quiet rural area to a bustling suburban environment. Its proximity to Lake Lanier and the city of Gainesville makes it a strategic location for both residential and commercial growth. The city's history is closely tied to the railroads and local agriculture, which shaped its development through the 20th century.
Things To Do in Oakwood, GA
Hike: Here are a couple of local trails to check out!
Local Attractions in Oakwood, GA
Oakwood City Park - A community hub with playgrounds, sports facilities, and picnic areas.
University of North Georgia Gainesville Campus - Offers educational opportunities and cultural events.
Chicopee Woods Nature Preserve - Extensive trails and diverse ecosystems, ideal for hiking and wildlife observation.
Elachee Nature Science Center - Features interactive exhibits and educational programs about the natural environment.
Tanners Creek Boat Ramp - Provides access to Lake Lanier for boating and fishing activities.
The Economy of Oakwood, GA
The economy of Oakwood is diverse, with a significant influence from the educational sector, retail, and services. One of the major economic drivers is the presence of Gainesville State College, which contributes to local business and workforce development. The retail sector is bolstered by the presence of numerous shopping centers catering to the needs of the growing population. Additionally, Oakwood benefits from its proximity to major highways, which supports local logistics and transportation businesses.
Oakwood, GA Inflation
Understanding the BLS and Inflation in Oakwood, GA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Oakwood, GA. 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 Oakwood, GA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Oakwood, GA 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 Oakwood, GA 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 Oakwood, GA
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