Northwood, OH's Data
About Northwood, OH's
Northwood is a city located in Wood County, Ohio, United States. It was incorporated as a city in 1962, evolving from the northern portions of Lake Township. Situated near the western shore of Lake Erie and to the southeast of Toledo, Northwood is part of the Toledo Metropolitan Area. This geographic positioning has influenced its development and character, contributing to its residential and industrial growth over the decades.
Things To Do in Northwood, OH
Hike: Here are a couple of local trails to check out!
Local Attractions in Northwood, OH
Maumee Bay State Park - A nearby state park offering camping, hiking, and waterfront activities on Lake Erie.
Toledo Zoo & Aquarium - Located just a short drive away, this zoo features a wide range of species and exhibits.
Hollywood Casino Toledo - A popular entertainment venue with gaming, dining, and live events.
Toledo Museum of Art - Renowned for its impressive collection and exhibits, including works from medieval to contemporary art.
Walbridge Park - A scenic park along the Maumee River with recreational facilities and green spaces.
The Economy of Northwood, OH
The economy of Northwood is characterized by a mix of manufacturing, retail, and service industries. Its proximity to major transportation routes such as Interstate 75 and the Ohio Turnpike has made it an attractive location for logistics and manufacturing companies. The presence of industrial parks and commercial developments supports local employment and contributes to the city's economic stability.
Northwood, OH Inflation
Understanding the BLS and Inflation in Northwood, OH
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Northwood, OH. 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 Northwood, OH understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Northwood, OH 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 Northwood, OH 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 Northwood, OH
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