Wellman, IA's Data
About Wellman, IA's
Wellman is a small city located in Washington County, Iowa, United States. Founded in the late 19th century, Wellman originally thrived as an agricultural community. Its proximity to larger cities like Iowa City and Cedar Rapids provides residents with a blend of rural charm and access to urban amenities. The city has a rich history of community involvement and development, maintaining a strong sense of local identity and pride over the years.
Things To Do in Wellman, IA
Hike: Here are a couple of local trails to check out!
Local Attractions in Wellman, IA
Parkside Activities Center - A hub for community events and recreational activities.
Wellman Heritage Society - A museum dedicated to preserving and showcasing the history of Wellman.
North Park - A popular outdoor space offering playgrounds, picnic areas, and sports facilities.
Wellman Golf Course - A well-maintained course providing golfing opportunities for enthusiasts of the sport.
Downtown Wellman - Features local dining and shopping options, highlighting small-town charm.
The Economy of Wellman, IA
The economy of Wellman is primarily driven by agriculture, reflecting its roots as a farming community. This sector includes crop production and livestock farming, which remain integral to its economic landscape. In addition to agriculture, Wellman has a mix of local businesses and services that cater to the needs of its residents. The city's economic environment is supported by its proximity to larger markets, allowing for a flow of goods and services that benefit local businesses.
Wellman, IA Inflation
Understanding the BLS and Inflation in Wellman, IA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Wellman, 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 Wellman, 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 Wellman, 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 Wellman, 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 Wellman, IA
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