Prescott, WI's Data
About Prescott, WI's
Prescott is a charming city located at the confluence of the St. Croix River and the Mississippi River in Pierce County, Wisconsin. Founded in the mid-19th century, Prescott is named after Philander Prescott, a notable settler and fur trader. The city's strategic location made it an important hub for river traffic and trade, contributing to its early growth and development. Today, Prescott is known for its rich history, scenic river views, and vibrant community life.
Things To Do in Prescott, WI
Hike: Here are a couple of local trails to check out!
Local Attractions in Prescott, WI
Great River Road Visitor & Learning Center - Offers educational exhibits about the Mississippi River and its ecosystems.
Freedom Park - A scenic park offering panoramic views of the river, picnic areas, and walking trails.
Prescott Beach - Popular local spot for swimming, fishing, and boating on the St. Croix River.
Historic Downtown Prescott - Features a variety of local shops, eateries, and historic buildings.
Mercord Mill Park - A recreational area with facilities for sports, gatherings, and access to river activities.
The Economy of Prescott, WI
The economy of Prescott, Wisconsin, is diverse, with a blend of local businesses, services, and tourism playing key roles. The city benefits from its picturesque location at the junction of two major rivers, which attracts tourists and supports local hospitality industries, including dining, lodging, and retail. Small manufacturing and agriculture also contribute to the local economy, with businesses taking advantage of the area's natural resources and agricultural products.
Prescott, WI Inflation
Understanding the BLS and Inflation in Prescott, WI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Prescott, 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 Prescott, 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 Prescott, 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 Prescott, 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 Prescott, WI
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