Monument, CO's Data
About Monument, CO's
Monument, Colorado is a rapidly growing town located in El Paso County, nestled at the base of the Rampart Range. The town, which was incorporated in 1879, derives its name from Monument Creek and Monument Rock, significant landmarks in the area. Monument's history is richly tied to the railroad expansion of the late 19th century, which significantly influenced its development and growth.
Things To Do in Monument, CO
Hike: Here are a couple of local trails to check out!
Local Attractions in Monument, CO
Monument Rock - A notable natural landmark that gives the town its name.
Limbaugh Canyon - Popular for hiking and outdoor activities, offering scenic views of the landscape.
Monument Lake - A focal point for fishing, boating, and family outings.
Monument Ice Rinks - An indoor ice skating and hockey facility that hosts various sporting events.
Santa Fe Trail - A historic trail used during the 19th century, now popular for hiking and biking.
The Economy of Monument, CO
The economy of Monument is characterized by a mix of local businesses, retail establishments, and services that cater to the needs of its residents and the surrounding communities. The proximity to larger cities like Colorado Springs and Denver also provides residents with additional employment opportunities. The town has seen growth in sectors such as technology, healthcare, and education, reflecting broader economic trends in the region.
Monument, CO Inflation
Understanding the BLS and Inflation in Monument, CO
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Monument, 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 Monument, 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 Monument, 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 Monument, 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 Monument, CO
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