Blackfoot, ID's Data
About Blackfoot, ID's
Blackfoot is a city located in Bingham County, Idaho, and serves as the county seat. Known as the 'Potato Capital of the World,' Blackfoot prides itself on its rich agricultural heritage and pivotal role in the potato industry. The city was established in 1885 and has developed a distinct identity, influenced by its location along the Snake River and its proximity to the Fort Hall Indian Reservation. This connection has fostered a diverse cultural heritage, which is celebrated through various community events and festivals.
Things To Do in Blackfoot, ID
Hike: Here are a couple of local trails to check out!
Local Attractions in Blackfoot, ID
Idaho Potato Museum - A museum dedicated to the history of potato farming in Idaho, featuring exhibits on potato cultivation and its impact on the state's economy.
Eastern Idaho State Fair - A popular annual event that showcases regional agriculture, crafts, and entertainment, attracting visitors from across the region.
Jensen Grove Park - A recreational area offering a lake for boating and fishing, walking paths, and picnic facilities.
Blackfoot River - Known for its opportunities for fishing and rafting, providing a natural retreat for residents and tourists alike.
Bingham County Historical Museum - Displays artifacts and exhibits related to the history and cultural heritage of Bingham County.
The Economy of Blackfoot, ID
The economy of Blackfoot is predominantly driven by agriculture, with a significant emphasis on potato farming, earning it its nickname. The presence of major agribusinesses, such as the Idaho Potato Museum, highlights the city's integral role in the potato industry. Additionally, Blackfoot benefits from its educational and health services sectors, which provide employment and support the local economy. The city's strategic location near major transportation routes also facilitates commerce and trade, contributing to its economic stability.
Blackfoot, ID Inflation
Understanding the BLS and Inflation in Blackfoot, ID
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Blackfoot, ID. 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 Blackfoot, ID understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Blackfoot, ID 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 Blackfoot, ID 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 Blackfoot, ID
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