New Richmond, WI's Data
About New Richmond, WI's
New Richmond, located in St. Croix County, Wisconsin, is a city rich in history and community spirit. Established in 1857, it has grown from a small settlement into a vibrant city known for its charming downtown and strong sense of local heritage. The city is often referred to as 'The City Beautiful' due to its picturesque settings and well-preserved 19th-century architecture. It gained national attention in 1899 when a devastating tornado struck, which is still one of the deadliest in Wisconsin's history.
City: New Richmond
State: Wisconsin
Country: United States
Population: 9,461
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 New Richmond, WI
Hike: Here are a couple of local trails to check out!
Local Attractions in New Richmond, WI
New Richmond Heritage Center - A museum complex that preserves and displays the rich history of New Richmond, featuring historical buildings and exhibits.
Hatfield Lake Regional Park - Offers outdoor recreational activities including fishing, hiking, and picnicking, set around a scenic lake.
The Old Gem Theater - A historic theater providing community and professional performances, fostering the local arts scene.
Paperjack Creek Trail - A natural trail perfect for walking and biking, offering peaceful views and access to local wildlife.
Friday Memorial Library - A central hub for learning and community events, with a modern facility and a wide range of resources.
The Economy of New Richmond, WI
The economy of New Richmond is diverse, with a healthy mix of manufacturing, retail, and service industries. Major economic drivers include health care, education, and manufacturing, with several large employers that provide a stable job market to the area. The city has also seen growth in small businesses and entrepreneurial ventures, supported by initiatives from the local Chamber of Commerce and economic development programs aimed at fostering a supportive environment for business expansion and innovation.
New Richmond, WI Inflation
Understanding the BLS and Inflation in New Richmond, WI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like New Richmond, WI. 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 New Richmond, WI understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in New Richmond, WI 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 New Richmond, WI 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 New richmond, WI
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