Winfield, IN's Data
About Winfield, IN's
Winfield, Indiana, is a thriving town located in Lake County, northwestern part of the state. Established in 1993, it is one of the newest towns in Indiana, reflecting a growing community amidst the historical backdrop of the region. The town is situated conveniently near major transportation routes, which has facilitated its suburban development and attractiveness to residents working in the greater Chicago metropolitan area.
Things To Do in Winfield, IN
Hike: Here are a couple of local trails to check out!
Local Attractions in Winfield, IN
Lakes of the Four Seasons - A private gated community with a lake, golf course, and recreational facilities.
Oak Ridge Prairie County Park - Offers hiking trails, fishing, and wildlife viewing opportunities.
Lemon Lake County Park - Known for its disc golf courses and beautiful natural landscapes.
Deep River Waterpark - A popular seasonal water park providing family-friendly entertainment.
Historic Downtown Crown Point - Nearby historic area with shops, restaurants, and cultural events.
The Economy of Winfield, IN
The economy of Winfield is predominantly driven by its residential growth and local businesses that cater to the needs of its inhabitants. The town's economic landscape is marked by a mix of retail, healthcare, and small-scale manufacturing sectors. Additionally, its proximity to larger cities like Crown Point and Merrillville provides residents with access to broader employment opportunities in larger commercial and industrial centers.
Winfield, IN Inflation
Understanding the BLS and Inflation in Winfield, IN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Winfield, 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 Winfield, 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 Winfield, 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 Winfield, 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 Winfield, IN
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