Schofield, WI's Data
About Schofield, WI's
Schofield is a small city located in Marathon County, Wisconsin, United States. It is part of the Wausau Metropolitan Area, which provides a blend of urban and rural living. Schofield was incorporated in 1954 and is named after William Schofield who was a local sawmill owner in the late 19th century. The city is situated along the Eau Claire River, contributing to its scenic beauty and providing opportunities for outdoor recreational activities.
Things To Do in Schofield, WI
Hike: Here are a couple of local trails to check out!
Local Attractions in Schofield, WI
Yellow Banks Park - A picturesque park offering trails, fishing spots, and scenic river views.
D.C. Everest Park - Features sports facilities, walking paths, and playgrounds for family-friendly recreation.
Eau Claire River Trail - A popular trail for hiking and biking along the beautiful Eau Claire River.
Schofield Dam - Historic dam with areas for picnicking and fishing, providing a glimpse into the city's industrial past.
Logger's Landing Indoor Waterpark - A fun-filled waterpark located nearby, ideal for family outings and relaxation.
The Economy of Schofield, WI
The economy of Schofield is closely tied to the broader Wausau Metropolitan Area. Key industries include manufacturing, healthcare, and retail. The city benefits from its proximity to larger urban centers like Wausau, which enhances employment opportunities for residents. Local businesses and small manufacturers contribute to the economic landscape, and there is a growing trend in service-oriented businesses that cater to the community and surrounding areas.
Schofield, WI Inflation
Understanding the BLS and Inflation in Schofield, WI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Schofield, 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 Schofield, 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 Schofield, 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 Schofield, 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 Schofield, WI
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