Elizabeth, CO's Data
About Elizabeth, CO's
Elizabeth, Colorado, is a charming town located in Elbert County. Originally a sawmill camp known as Russellville, it was renamed in 1890 after a family member of John Evans, a former territorial governor. Nestled in a picturesque setting, Elizabeth is part of the Denver metropolitan area, providing a mix of rural and suburban lifestyles. The town's rich history and close-knit community atmosphere make it a unique place within the state.
Things To Do in Elizabeth, CO
Hike: Here are a couple of local trails to check out!
Local Attractions in Elizabeth, CO
Casey Jones Park - A central recreational space offering picnic areas, sports facilities, and hosting community events.
Elizabeth Stampede Rodeo - An annual rodeo event that draws visitors with its vibrant displays of rodeo sports and cultural festivities.
Spring Valley Golf Club - A well-maintained golf course providing scenic views and a challenging layout for golf enthusiasts.
Main Street - The historic heart of Elizabeth, featuring quaint shops, eateries, and periodic street fairs.
Running Creek Trail - A natural escape offering trails for hiking, biking, and wildlife observation.
The Economy of Elizabeth, CO
The economy of Elizabeth, Colorado, is primarily driven by agriculture, local businesses, and services catering to the needs of its residents and surrounding areas. The town benefits from its proximity to the larger Denver metro area, with many residents commuting to the city for work, which diversifies its economic base. Local commerce is supported by small businesses that include shops, restaurants, and artisanal stores, reflecting the town's rural heritage and community-oriented spirit.
Elizabeth, CO Inflation
Understanding the BLS and Inflation in Elizabeth, CO
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Elizabeth, CO. 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 Elizabeth, CO understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Elizabeth, CO 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 Elizabeth, CO 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 Elizabeth, CO
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