Morgan City, LA's Data
About Morgan City, LA's
Morgan City, located in St. Mary Parish, Louisiana, is known for its strategic position on the Atchafalaya River and its proximity to the Gulf of Mexico. Originally named "Tiger Island" due to the presence of a particular type of wild cat, it was later renamed to honor Charles Morgan, a 19th-century railroad and steamship magnate who was instrumental in its development. The city's history is deeply intertwined with the oil industry, shipping, and shipbuilding, reflecting its broader role in regional trade and economic development.
City: Morgan City
State: Louisiana
Country: United States
Population: Approximately 11,000
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Morgan City, LA
Hike: Here are a couple of local trails to check out!
Local Attractions in Morgan City, LA
International Petroleum Museum & Exposition - Showcases the offshore oil and gas industry through exhibits and an actual offshore drilling rig.
Lake End Park - A popular spot for camping, picnicking, and water sports on Lake Palourde.
Brownell Memorial Park & Carillon Tower - Features a 106-foot tall carillon tower and a serene park setting.
Atchafalaya Golf Course - Offers a challenging golf experience amidst the natural wetland landscapes.
Shrimp and Petroleum Festival - An annual event that celebrates the city's economic foundations with food, music, and crafts.
The Economy of Morgan City, LA
The economy of Morgan City is primarily driven by the petroleum industry, seafood processing, and shipbuilding. The city's location has made it a significant player in offshore oil drilling activities, and it serves as a hub for the support vessels that service the Gulf of Mexico's oil rigs. Additionally, Morgan City's economy benefits from its annual Shrimp and Petroleum Festival, which celebrates the region's dual economic reliance on these industries, attracting tourists and reinforcing local cultural ties.
Morgan City, LA Inflation
Understanding the BLS and Inflation in Morgan City, LA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Morgan City, 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 Morgan City, 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 Morgan City, 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 Morgan City, 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 Morgan city, LA
No results found. Please try another search.
Brought to you by
