Powell, WY's Data
About Powell, WY's
Powell is a charming city located in the Big Horn Basin in Park County, Wyoming, USA. Established in 1909, the city was named after John Wesley Powell, a U.S. soldier, geologist, and explorer. Powell is known for its rich agricultural heritage, primarily due to the Shoshone Project, an early 20th-century irrigation project that transformed the arid region into fertile farmland. It serves as a gateway to the eastern entrance of Yellowstone National Park, making it a significant point of interest for tourists exploring this iconic national park.
Things To Do in Powell, WY
Hike: Here are a couple of local trails to check out!
Local Attractions in Powell, WY
Homesteader Museum - Showcases local history and the impact of the homesteading era on Powell and its surrounding areas.
Powell Golf Club - Offers a scenic 18-hole course that provides both challenges and spectacular views for golf enthusiasts.
Shoshone River - Popular for fishing, rafting, and outdoor recreation, reflecting Wyoming's natural beauty.
Heart Mountain Interpretive Center - A museum dedicated to preserving and interpreting the history of the Japanese American internment during World War II.
Yellowstone National Park - Although not within Powell, its proximity makes it a significant attraction for visitors staying in or passing through Powell.
The Economy of Powell, WY
Powell's economy historically revolves around agriculture, benefiting from the irrigation systems established by the Shoshone Project. This has allowed for the cultivation of various crops including beans, sugar beets, and barley. The city also supports a growing business sector with small manufacturers and service industries contributing to its economy. Additionally, education plays a vital role in the local economy, with Northwest College providing employment and educational services to the community.
Powell, WY Inflation
Understanding the BLS and Inflation in Powell, WY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Powell, 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 Powell, 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 Powell, 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 Powell, 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 Powell, WY
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