Elwood, IN's Data
About Elwood, IN's
Elwood, Indiana, is a city steeped in history and community spirit, nestled in Madison and Tipton counties. Founded in 1853 and incorporated as a city in 1891, Elwood experienced significant growth with the discovery of natural gas in the late 19th century, attracting a surge of industries and population. It is famously known as the birthplace of Wendell L. Willkie, the 1940 Republican nominee for president.
Things To Do in Elwood, IN
Hike: Here are a couple of local trails to check out!
Local Attractions in Elwood, IN
Glass Festival - An annual event celebrating Elwood's history in glass manufacturing, featuring crafts, food, and entertainment.
Callaway Park - A popular local park offering playgrounds, picnic areas, and sports facilities, fostering community gatherings and outdoor activities.
Elwood Golf Links - A scenic golf course providing both recreational opportunities for golf enthusiasts and a venue for local events.
Lilly Orchard - Known for its apple varieties and seasonal produce, offering a taste of local agriculture and family-friendly outings.
Red Gold Heritage Hall - A museum dedicated to the local canning industry, showcasing the history and impact of agriculture and manufacturing in Elwood.
The Economy of Elwood, IN
Elwood's economy has historically been driven by manufacturing, with its growth initially fueled by the natural gas boom. Although the gas reserves depleted, manufacturing remains a cornerstone of the local economy. Today, the city has diversified its economic base, including sectors such as retail, healthcare, and education, adapting to modern economic demands and providing employment opportunities to its residents.
Elwood, IN Inflation
Understanding the BLS and Inflation in Elwood, IN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Elwood, IN. 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 Elwood, IN understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Elwood, IN 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 Elwood, IN 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 Elwood, IN
No results found. Please try another search.
Brought to you by
