Newton, IA's Data
About Newton, IA's
Newton is a city located in Jasper County, Iowa, United States. It was incorporated in 1857 and has developed a rich history, primarily known for its past as a manufacturing hub. The city served as the headquarters of Maytag Corporation until it merged with Whirlpool in 2006. Newton is positioned approximately 30 miles east of Des Moines, making it part of the larger Des Moines metropolitan area. This proximity to a major urban center enhances its economic and cultural connectivity.
Things To Do in Newton, IA
Hike: Here are a couple of local trails to check out!
Local Attractions in Newton, IA
Iowa Speedway - A modern auto racing facility that hosts various racing events, including NASCAR series.
Maytag Dairy Farms - Known for producing the famous Maytag Blue Cheese, offering tours and cheese products.
Jasper County Historical Museum - Features exhibits related to the history of Jasper County and Newton, including the impact of Maytag Corporation.
Newton Arboretum and Botanical Gardens - A serene setting featuring a variety of plants and themed gardens.
Valle Drive-In - One of the oldest drive-in theaters in Iowa, providing a nostalgic movie-going experience.
The Economy of Newton, IA
Newton's economy has evolved significantly over the years. Historically, it was dominated by the Maytag Corporation, which was a major employer and economic driver. After Maytag's merger and the subsequent shift in industrial presence, Newton has diversified its economic base. Today, the economy includes sectors such as manufacturing, retail, and service industries. Renewable energy, particularly wind power, has also become a significant aspect of the local economy, supported by the presence of wind turbine manufacturing.
Newton, IA Inflation
Understanding the BLS and Inflation in Newton, IA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Newton, IA. 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 Newton, IA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Newton, IA 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 Newton, IA 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 Newton, IA
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