Redwood Falls, MN's Data
About Redwood Falls, MN's
Redwood Falls is a city in Redwood County, Minnesota, United States, named after the Redwood River that flows through it. Founded in the mid-19th century, the city serves as the county seat and is known for its rich history and cultural heritage. It is strategically located in southwestern Minnesota, providing a hub for regional activities and commerce. The city has a strong connection to Native American history, particularly the Dakota people, and played a significant role during the U.S.-Dakota War of 1862.
City: Redwood Falls
State: Minnesota
Country: United States
Population: Approximately 5,000
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Redwood Falls, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Redwood Falls, MN
Alexander Ramsey Park - The largest municipal park in Minnesota, offering scenic views, trails, and a zoo.
Redwood Falls Golf Club - A popular golf course known for its well-maintained greens and fairways.
Redwood County Museum - Showcases local history and artifacts, highlighting the region's heritage.
Ramsey Falls - A beautiful natural waterfall located within Alexander Ramsey Park, a favorite spot for visitors.
Redwood Area Community Center - A focal point for community events, sports, and recreational activities.
The Economy of Redwood Falls, MN
The economy of Redwood Falls is diverse, with a mix of agricultural, manufacturing, and service sectors. Agriculture remains a significant economic driver, reflecting the city's location in a fertile farming region. The presence of several manufacturing facilities contributes to local employment and economic stability. The service sector, including education, healthcare, and retail, also plays a crucial role in the economic landscape of Redwood Falls.
Redwood Falls, MN Inflation
Understanding the BLS and Inflation in Redwood Falls, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Redwood Falls, MN. 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 Redwood Falls, MN understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Redwood Falls, MN 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 Redwood Falls, MN 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 Redwood falls, MN
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