Albany, MN's Data
About Albany, MN's
Albany is a small city located in Stearns County, Minnesota. Founded in the 1850s by German settlers, Albany's rich heritage is reflected in its cultural festivities and architectural styles. The city is strategically situated on Minnesota State Highway 238, which connects it to nearby major routes, enhancing its accessibility and economic ties to the larger region.
Things To Do in Albany, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Albany, MN
Lake Wobegon Trail - A scenic trail perfect for biking, walking, and enjoying nature.
Albany Pioneer Days - An annual event showcasing historical demonstrations and antique displays.
Church of Seven Dolors - A historic church known for its beautiful architecture and active community.
Albany Golf Club - A well-maintained golf course offering a challenging round for golfers of all skill levels.
Avon Hills Folk School - Offers workshops and classes in traditional crafts and skills, located nearby.
The Economy of Albany, MN
The economy of Albany, Minnesota, is primarily driven by agriculture, manufacturing, and local businesses. The surrounding fertile farmland supports various agricultural activities, which are significant contributors to its local economy. Additionally, Albany hosts several manufacturing facilities that produce a range of products from dairy goods to construction materials, providing employment and economic stability for the residents.
Albany, MN Inflation
Understanding the BLS and Inflation in Albany, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Albany, MN. 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 Albany, MN understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Albany, MN 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 Albany, MN 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 Albany, MN
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