Monroe, LA's Data
About Monroe, LA's
Monroe, located in Ouachita Parish in the state of Louisiana, is a city rich in history and culture. Established in 1820, it serves as a significant urban center in the northern part of the state. Named after the steam-powered paddle-wheeler James Monroe, the city's growth was spurred by its strategic location on the Ouachita River, making it a pivotal point for transportation and trade in the early 19th century. Monroe is also known for its role during the American Civil War and its development in the age of the steamboat.
Things To Do in Monroe, LA
Hike: Here are a couple of local trails to check out!
Local Attractions in Monroe, LA
Biedenharn Museum and Gardens - Features the historic home of Coca-Cola bottler Joseph Biedenharn with beautiful gardens and a museum.
Black Bayou Lake National Wildlife Refuge - A scenic area for wildlife observation, fishing, and hiking, showcasing the natural beauty of Louisiana.
Chennault Aviation and Military Museum - Offers exhibits on aviation history and local military heritage, located in a historic WWII navigation school.
Louisiana Purchase Gardens and Zoo - A regional zoo that features a variety of animals and educational programs.
Pecanland Mall - A major shopping center in the region with over 100 stores, a food court, and a movie theater.
The Economy of Monroe, LA
The economy of Monroe is diverse, with major sectors including telecommunications, manufacturing, and healthcare. CenturyLink, now known as Lumen Technologies, is one of the largest employers in the city, significantly influencing its economic landscape. The presence of the University of Louisiana at Monroe also contributes to the local economy through education and related activities. The city's strategic location has historically made it a hub for trade and distribution, which continues to support its economic base.
Monroe, LA Inflation
Understanding the BLS and Inflation in Monroe, LA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Monroe, LA. 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 Monroe, LA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Monroe, LA 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 Monroe, LA 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 Monroe, LA
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