Wood River, NE's Data
About Wood River, NE's
Wood River is a small city located in Hall County, Nebraska, United States. Established in the late 19th century, the city was named after the nearby Wood River, which flows through the region. This geographical feature played a significant role in the city's early development, serving as a vital water source and a natural route for transportation and migration. Wood River is historically notable for its proximity to the Oregon Trail, a major route used by pioneers traveling westward in the 1800s.
City: Wood River
State: Nebraska
Country: United States
Population: 1,325
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 Wood River, NE
Hike: Here are a couple of local trails to check out!
Local Attractions in Wood River, NE
Wood River Aquatic Center - A popular spot for swimming and recreation during the summer months.
Oregon Trail Marker - Historical site marking the famous trail used by pioneers traveling west.
Wood River Museum - Features exhibits on local history, including the city's development and the Oregon Trail.
Mormon Island State Recreation Area - Nearby park offering camping, fishing, and hiking opportunities.
Annual Wood River Fall Festival - A local event celebrating the community with food, games, and activities.
The Economy of Wood River, NE
The economy of Wood River is primarily based on agriculture and related industries. The city's location in a fertile agricultural area of Nebraska supports its strong farming sector, which focuses on corn and soybean production. Additionally, Wood River benefits from its close proximity to Grand Island, which provides employment opportunities in manufacturing and retail sectors for its residents. The city has also seen growth in local businesses and services that cater to the needs of its community and surrounding areas.
Wood River, NE Inflation
Understanding the BLS and Inflation in Wood River, NE
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Wood River, NE. 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 Wood River, NE understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Wood River, NE 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 Wood River, NE 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 Wood river, NE
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