Albia, IA's Data
About Albia, IA's
Albia is a city in and the county seat of Monroe County, Iowa, United States. Founded in 1845, Albia is known for its rich history and distinctive Victorian architecture, particularly evident in its town square. The city's layout and many of its historic buildings were influenced by the coal mining industry that once thrived in the region. Albia's location in southern Iowa makes it a quintessential example of a small Midwestern town with a close-knit community.
Things To Do in Albia, IA
Hike: Here are a couple of local trails to check out!
Local Attractions in Albia, IA
Monroe County Historical Museum - Offers exhibits on local history, including Native American artifacts and coal mining.
Albia Brewing Company - A local brewery known for its craft beers and community events.
King Opera House - A historic venue that hosts performances and community gatherings.
Welcome Home Soldier Monument - A significant monument dedicated to veterans, featuring flags and statues.
Rathbun Lake - A nearby recreational area popular for fishing, boating, and camping.
The Economy of Albia, IA
The economy of Albia is diversified, with healthcare, manufacturing, and retail trade being significant contributors. The presence of companies like Cargill Meat Solutions, which operates a large production facility in the area, underscores the importance of manufacturing. Additionally, local businesses and services cater to the daily needs of residents and the surrounding rural communities, supporting a stable economic environment.
Albia, IA Inflation
Understanding the BLS and Inflation in Albia, IA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Albia, IA. 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 Albia, IA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Albia, IA 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 Albia, IA 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 Albia, IA
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