Preston, ID's Data
About Preston, ID's
Preston is a small city located in Franklin County, Idaho, United States. Established in 1888 and incorporated in 1904, Preston is nestled in the Cache Valley, near the Idaho-Utah border. It is known for its rich agricultural heritage and scenic landscapes, which contribute to its tranquil, rural charm. The city gained additional fame from being featured in the 2004 film 'Napoleon Dynamite.'
Things To Do in Preston, ID
Hike: Here are a couple of local trails to check out!
Local Attractions in Preston, ID
Oneida Narrows Reservoir - A popular spot for boating, fishing, and camping, offering picturesque views and outdoor recreation.
Preston Idaho Temple - A significant landmark for the local LDS community, providing a place for worship and community gatherings.
Franklin County Fairgrounds - Hosts the annual Franklin County Fair, showcasing local agriculture, crafts, and rodeos.
Cub River Canyon - Offers opportunities for hiking, horseback riding, and enjoying natural springs and scenic landscapes.
Bear River Massacre Site - A historical site commemorating the 1863 conflict between the U.S. Army and the Shoshone tribe.
The Economy of Preston, ID
The economy of Preston is predominantly based on agriculture, including the cultivation of crops and raising of livestock. The city's location in the fertile Cache Valley supports its agricultural industry, which remains the backbone of its local economy. In recent years, there has been modest growth in local business sectors such as retail and services, which cater to the needs of the community and surrounding areas.
Preston, ID Inflation
Understanding the BLS and Inflation in Preston, ID
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Preston, 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 Preston, 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 Preston, 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 Preston, 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 Preston, ID
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