Canby, MN's Data
About Canby, MN's
Canby is a small city located in Yellow Medicine County in southwestern Minnesota, United States. Established in 1872 and named after Edward Canby, a General in the United States Army, the city has a rich history tied to the expansion of the railroads through Minnesota. Canby serves as a regional hub in a predominantly agricultural area, reflecting the rural character and history of the region.
Things To Do in Canby, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Canby, MN
Sanford Canby Medical Center - A key healthcare facility in the region.
Canby Theater - A historic movie theater offering regular screenings.
Canby City Park - Features recreational facilities and annual community events.
Yellow Medicine County Museum - Showcases local history and heritage.
Stone Hill Regional Park - Offers outdoor activities like hiking and picnicking.
The Economy of Canby, MN
The economy of Canby is primarily based on agriculture, with corn, soybeans, and wheat being the predominant crops in the area. The city also benefits from local businesses that support the agricultural sector, including equipment dealerships and co-operatives. Additionally, Canby features a mix of retail and service businesses that cater to the needs of its residents and the surrounding rural population.
Canby, MN Inflation
Understanding the BLS and Inflation in Canby, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Canby, 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 Canby, 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 Canby, 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 Canby, 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 Canby, MN
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