Elk River, MN's Data
About Elk River, MN's
Elk River, located in Sherburne County, Minnesota, serves as the county seat and is part of the Minneapolis-St. Paul metropolitan area. The city's history dates back to the 1800s and is named after the Elk River, which flows through the area. The river itself was named for the herds of elk that once roamed the region. Elk River is known for its strategic location at the confluence of the Mississippi and Elk Rivers, which played a significant role in its development and historical significance.
Things To Do in Elk River, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Elk River, MN
Oliver Kelley Farm - A historic farmstead that offers insights into 19th-century farming, operated by the Minnesota Historical Society.
Elk River Country Club - A popular local golf course known for its well-maintained greens and fairways.
Wapiti Park - A scenic campground and park that provides outdoor recreational activities including camping, fishing, and hiking.
Downtown Murals - A series of large, colorful murals in downtown Elk River that depict the city's history and culture.
Handke Pit - A unique geological formation used for various community events and sports activities.
The Economy of Elk River, MN
The economy of Elk River is diverse, with a mix of manufacturing, retail, and service industries. The city has seen growth in the energy sector, notably with the presence of the Great River Energy plant. Local businesses and healthcare services also contribute significantly to the economy. The city's proximity to the Twin Cities supports its residential and commercial development, making it a commuter town with a growing local job market.
Elk River, MN Inflation
Understanding the BLS and Inflation in Elk River, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Elk River, 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 Elk River, 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 Elk River, 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 Elk River, 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 Elk river, MN
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