Woodward, OK's Data
About Woodward, OK's
Woodward is a city in northwestern Oklahoma, known for its rich history as a military and trading post in the late 19th century. Established in 1887, the city played a pivotal role during the expansion of the American West, serving as a major stop on the Great Western Cattle Trail. Woodward is the county seat of Woodward County and serves as a regional hub for business and culture in the area.
Things To Do in Woodward, OK
Hike: Here are a couple of local trails to check out!
Local Attractions in Woodward, OK
Woodward Arts Theatre - A historic venue offering a variety of performances and cultural events.
Crystal Beach Park - A popular recreational area featuring a lake, walking trails, and a golf course.
Plains Indians and Pioneers Museum - Showcases the history and culture of the region with artifacts and exhibits.
Boiling Springs State Park - Known for its natural springs and scenic hiking trails.
Woodward Elks Rodeo - An annual event that draws competitors and spectators from across the nation.
The Economy of Woodward, OK
The economy of Woodward is diverse, with significant contributions from sectors such as energy, agriculture, and manufacturing. The city has experienced growth in the energy sector, particularly in wind and oil, which has attracted various businesses and bolstered local employment. Agriculture remains a staple, with wheat and livestock as primary products. Additionally, Woodward's strategic location makes it a key player in regional logistics and trade.
Woodward, OK Inflation
Understanding the BLS and Inflation in Woodward, OK
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Woodward, OK. 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 Woodward, OK understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Woodward, OK 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 Woodward, OK 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 Woodward, OK
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