Norwood, NC's Data
About Norwood, NC's
Norwood is a small town located in Stanly County, North Carolina. Nestled along the tranquil shores of Lake Tillery and the Pee Dee River, Norwood serves as a gateway to outdoor recreational activities and a quiet, community-oriented lifestyle. Established in the late 19th century, the town has a rich history rooted in the textile industry, which played a significant role in its development.
City: Norwood
State: North Carolina
Country: United States
Population: 2,430
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 Norwood, NC
Hike: Here are a couple of local trails to check out!
Local Attractions in Norwood, NC
Lake Tillery - A popular destination for fishing, boating, and water sports.
Uwharrie National Forest - Nearby forest offering hiking, camping, and wildlife viewing.
Morrow Mountain State Park - A state park providing hiking trails, camping sites, and panoramic views of the Piedmont.
Norwood Museum - Showcases local history and the town's evolution, particularly its roots in the textile industry.
Pee Dee River - Ideal for kayaking and canoeing, offering picturesque river landscapes.
The Economy of Norwood, NC
The economy of Norwood has traditionally been anchored by the textile industry, although shifts in the economic landscape have seen a diversification into sectors such as manufacturing, retail, and services. The proximity to Lake Tillery also boosts the local economy through tourism and recreational services, contributing to the overall economic stability of the town.
Norwood, NC Inflation
Understanding the BLS and Inflation in Norwood, NC
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Norwood, NC. 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 Norwood, NC understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Norwood, NC 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 Norwood, NC 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 Norwood, NC
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