Northwood, IA's Data
About Northwood, IA's
Northwood is a city located in Worth County, Iowa, United States. It serves as the county seat and is situated near the northern border of Iowa, adjacent to Minnesota. Established in 1857, Northwood has a rich history that includes its development as a regional hub for agriculture and trade. The city's proximity to the Shell Rock River and its location along major highways have historically contributed to its economic and cultural growth.
Things To Do in Northwood, IA
Hike: Here are a couple of local trails to check out!
Local Attractions in Northwood, IA
Worth County Historical Society - A museum dedicated to preserving and showcasing the history of Worth County.
Diamond Jo Casino - A popular entertainment venue offering games, dining, and live events.
Central Park - A community park that provides recreational facilities and hosts various public events.
Shell Rock River - Known for fishing, canoeing, and scenic views along its banks.
Northwood Country Club - A local golf course offering leisure and competitive play in a picturesque setting.
The Economy of Northwood, IA
The economy of Northwood is primarily driven by agriculture, manufacturing, and services. The surrounding fertile farmland supports corn, soybeans, and livestock, which are integral to the local economy. Additionally, manufacturing plants in the area provide employment and contribute to the economic stability of the city. The presence of small businesses and retail services also supports the local economy, catering to the needs of residents and visitors alike.
Northwood, IA Inflation
Understanding the BLS and Inflation in Northwood, IA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Northwood, 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 Northwood, 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 Northwood, 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 Northwood, 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 Northwood, IA
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