Oelwein, IA's Data
About Oelwein, IA's
Oelwein is a city located in Fayette County in the northeastern part of Iowa, United States. Named after a local family, the city was founded in 1872 and developed as a major railroad hub in the late 19th and early 20th centuries. Oelwein's historical significance is deeply tied to the Chicago Great Western Railway, which established a major yard and shops here. Despite the decline in railway importance, the city retains a rich historical heritage and serves as a commercial and cultural center for the region.
Things To Do in Oelwein, IA
Hike: Here are a couple of local trails to check out!
Local Attractions in Oelwein, IA
Hub City Heritage Corporation Railway Museum - Features exhibits and artifacts related to Oelwein's railroad history.
Williams Wellness Center - A modern facility offering community health and fitness programs.
Oelwein Aquatic Center - A popular local spot for swimming and recreation during the summer months.
Fayette County Historical Center - Showcases the history of Oelwein and Fayette County through various displays and collections.
Platt's Park - A scenic park offering outdoor activities such as picnicking, walking trails, and sports facilities.
The Economy of Oelwein, IA
Oelwein's economy historically centered around the railroad industry, but has since diversified. Today, the city supports a mix of manufacturing, retail, and service industries. Healthcare and education also play significant roles in the local economy, with MercyOne Oelwein Medical Center and the Oelwein Community School District being major employers. The city has also seen efforts in economic development aimed at revitalizing the downtown area and attracting new businesses.
Oelwein, IA Inflation
Understanding the BLS and Inflation in Oelwein, IA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Oelwein, 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 Oelwein, 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 Oelwein, 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 Oelwein, 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 Oelwein, IA
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