Chisholm, MN's Data
About Chisholm, MN's
Chisholm is a city located in St. Louis County, Minnesota, United States. Founded during the early 20th century, Chisholm was established as a mining town amid the Mesabi Range, one of the largest iron ore mining regions in the world. The city was named after Archibald Mark Chisholm, a mining speculator and businessman. Chisholm's rich history is closely tied to the boom and bust of the iron mining industry which shaped its development and local culture.
Things To Do in Chisholm, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Chisholm, MN
Iron Man Statue - A 36-foot tall statue commemorating the iron miners of the Mesabi Range.
Minnesota Discovery Center - A museum and park offering exhibits on the history of the Iron Range, plus trails and recreational activities.
Minnesota Museum of Mining - Visitors can explore the history of mining and the equipment used through interactive exhibits.
Chisholm Recreation Complex - Offers facilities for various sports and activities, enhancing local community life.
Hibbing Raceway - Located nearby, it features regular car racing events, drawing visitors and motorsports enthusiasts.
The Economy of Chisholm, MN
The economy of Chisholm has historically been anchored by the iron mining industry, although the decline in mining has led to efforts to diversify the economic base. Today, Chisholm has moved towards a more mixed economy with education, healthcare, and retail playing significant roles. Tourism has also become an important economic driver, particularly due to the city's mining heritage and outdoor recreational activities.
Chisholm, MN Inflation
Understanding the BLS and Inflation in Chisholm, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Chisholm, 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 Chisholm, 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 Chisholm, 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 Chisholm, 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 Chisholm, MN
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