Newcastle, WY's Data
About Newcastle, WY's
Newcastle is a city located in Weston County, Wyoming, and serves as the county seat. Established in 1889, the city was named after Newcastle upon Tyne in England, reflecting its coal mining heritage similar to that of its namesake. Situated near the Black Hills and the Thunder Basin National Grassland, Newcastle acts as a gateway to numerous outdoor activities, blending its historical roots with the natural beauty of Wyoming.
Things To Do in Newcastle, WY
Hike: Here are a couple of local trails to check out!
Local Attractions in Newcastle, WY
Anna Miller Museum - A museum showcasing local history, housed in the original Wyoming Army National Guard Cavalry Stable.
Black Hills - A small mountain range extending from South Dakota into Wyoming, popular for hiking, camping, and sightseeing.
Thunder Basin National Grassland - Offers extensive outdoor recreation opportunities including wildlife viewing, hunting, and fishing.
Salt Creek Museum - Displays artifacts and exhibits related to the oil and coal industries which have shaped the region's economy.
Newcastle Country Club - Provides recreational opportunities including golf, social events, and dining facilities.
The Economy of Newcastle, WY
The economy of Newcastle, Wyoming, has historically been driven by coal mining, reflecting its namesake's industry in England. Today, while coal mining remains significant, the economy has diversified. Sectors such as retail, healthcare, and construction also contribute to the local economy. Tourism, boosted by the proximity to the Black Hills, Thunder Basin National Grassland, and other natural attractions, plays an increasingly important role in Newcastle's economic landscape.
Newcastle, WY Inflation
Understanding the BLS and Inflation in Newcastle, WY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Newcastle, WY. 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 Newcastle, WY understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Newcastle, WY 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 Newcastle, WY 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 Newcastle, WY
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