Red Oak, IA's Data
About Red Oak, IA's
Red Oak, located in southwestern Iowa, is a city rich in history and community spirit. Established as a city in 1869, Red Oak features a blend of historical architecture and modern developments, reflective of its evolving identity over the years. The city played a notable role during the Civil War, serving as a hub for the Union Army, and later developed a strong agricultural base that continues to influence its culture and economy.
Things To Do in Red Oak, IA
Hike: Here are a couple of local trails to check out!
Local Attractions in Red Oak, IA
Montgomery County Courthouse - A historic building known for its architectural beauty and role in local governance.
Red Oak Junction Days - An annual festival celebrating the city's rich cultural and historical heritage.
Red Oak Nature Center - Offers trails and educational programs about local wildlife and ecosystems.
Wilson Performing Arts Center - A modern facility hosting performances and events, enhancing the cultural landscape of Red Oak.
Red Oak Country Club - A popular destination for golf enthusiasts, featuring well-maintained courses and facilities.
The Economy of Red Oak, IA
The economy of Red Oak is primarily driven by agriculture, manufacturing, and local businesses. The area is known for its production of corn and soybeans, contributing significantly to the local and state economy. In recent years, Red Oak has seen growth in the manufacturing sector, with companies involved in the production of machinery and electronic products. The city also supports a variety of small businesses that add to the economic diversity and resilience of the community.
Red Oak, IA Inflation
Understanding the BLS and Inflation in Red Oak, IA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Red Oak, 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 Red Oak, 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 Red Oak, 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 Red Oak, 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 Red oak, IA
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