Cottonwood, MN's Data
About Cottonwood, MN's
Cottonwood is a small city located in Lyon County, Minnesota. It was established in the late 19th century and has since grown into a quaint community known for its rich agricultural backdrop and serene landscapes. Positioned near the intersection of State Highways 23 and 59, Cottonwood serves as a local hub for the surrounding rural areas, providing essential amenities and services. The city is also historically significant for its proximity to several key sites related to the Dakota War of 1862.
City: Cottonwood
State: Minnesota
Country: United States
Population: Approximately 1,200
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 Cottonwood, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Cottonwood, MN
Cottonwood Lake - A popular spot for fishing, boating, and picnicking, offering scenic views and recreational opportunities.
Cottonwood County Fairgrounds - Hosts various events including the county fair, which features exhibits, competitions, and entertainment.
Maynard History Museum - A short drive from Cottonwood, this museum showcases the area's agricultural heritage and local history.
Tiger Park - Provides outdoor recreational facilities including playgrounds, sports fields, and walking trails.
Island Park - Located nearby, offers a quiet retreat with natural beauty, ideal for family outings and relaxation.
The Economy of Cottonwood, MN
The economy of Cottonwood, Minnesota, is predominantly based on agriculture, reflecting the broader economic activities of Lyon County. The city benefits from its role as a service center for local farmers and agribusinesses. Small businesses and retail services also contribute to the local economy, supporting the residents and nearby communities. The economic landscape is characterized by a combination of traditional farming operations and the presence of ag-related industries.
Cottonwood, MN Inflation
Understanding the BLS and Inflation in Cottonwood, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Cottonwood, 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 Cottonwood, 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 Cottonwood, 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 Cottonwood, 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 Cottonwood, MN
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