Greenwood, LA's Data
About Greenwood, LA's
Greenwood is a town located in Caddo Parish, Louisiana, United States. Situated near Shreveport, Greenwood offers a blend of suburban and rural living. The town was incorporated in 1993 and has a rich history, primarily due to its proximity to major transportation routes like the Southern Pacific Railroad and Interstate 20. This location has historically made Greenwood a significant point for trade and travel in the region.
Things To Do in Greenwood, LA
Hike: Here are a couple of local trails to check out!
Local Attractions in Greenwood, LA
Gators and Friends - A popular adventure park featuring alligator shows and exotic animals.
Splash Kingdom Waterpark - A family-friendly destination with water slides and pools.
American Rose Center - Home to the nation's largest park dedicated to roses, with beautiful gardens and events.
Walter B Jacobs Memorial Nature Park - Offers trails, wildlife viewing, and educational programs.
Caddo Parish Confederate Monument - A historical site located nearby in Shreveport, reflecting the area's Civil War history.
The Economy of Greenwood, LA
The economy of Greenwood, Louisiana, is primarily driven by local businesses, retail, and services that cater to both residents and travelers along Interstate 20. The town's strategic location near Shreveport enhances its economic activities, particularly in logistics and distribution. Additionally, Greenwood benefits from tourism related to its historical sites and annual events.
Greenwood, LA Inflation
Understanding the BLS and Inflation in Greenwood, LA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Greenwood, LA. 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 Greenwood, LA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Greenwood, LA 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 Greenwood, LA 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 Greenwood, LA
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