Cannelton, IN's Data
About Cannelton, IN's
Cannelton, located in Perry County, Indiana, is a small city with a rich historical backdrop. Established in 1837, it once thrived as a bustling river community along the banks of the Ohio River. Notably, Cannelton was designed to be an industrial model town during the mid-19th century, and its historical significance is highlighted by the Cannelton Cotton Mill, once the largest industrial building west of the Allegheny Mountains.
Things To Do in Cannelton, IN
Hike: Here are a couple of local trails to check out!
Local Attractions in Cannelton, IN
Cannelton Cotton Mill - A historic cotton mill that is now a National Historic Landmark, representing the industrial history of the city.
Eagle's Bluff Park - Offers scenic views of the Ohio River and is popular for picnicking and bird watching.
Old Cannelton Locks and Dam - Historical site with remains of the old locks and dam, providing insight into the engineering of the past.
Perry County Museum - Located in Cannelton, it showcases local history, artifacts, and exhibits.
Lincoln Trail - A hiking trail reputed to have been used by Abraham Lincoln during his youth in Indiana.
The Economy of Cannelton, IN
The economy of Cannelton has transitioned significantly from its historical roots centered around manufacturing and river-based commerce. Today, the local economy is primarily supported by small businesses, light manufacturing, and tourism, drawing visitors to its historic sites and natural beauty along the river. The city's proximity to larger markets also aids in its economic activities, providing employment opportunities in nearby larger cities.
Cannelton, IN Inflation
Understanding the BLS and Inflation in Cannelton, IN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Cannelton, IN. 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 Cannelton, IN understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Cannelton, IN 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 Cannelton, IN 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 Cannelton, IN
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