Elko New Market, MN's Data
About Elko New Market, MN's
Elko New Market is a city in Scott County, Minnesota, United States. Located approximately 30 miles south of downtown Minneapolis, it was formed by the merger of the bordering cities of Elko and New Market in 2006. The area is rich in history, with New Market being platted in 1856 and Elko in 1899. This city combines a rural atmosphere with proximity to metropolitan amenities, making it a unique blend of old and new.
City: Elko New Market
State: Minnesota
Country: United States
Population: 4,875
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 Elko New Market, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Elko New Market, MN
Elko Speedway - A popular motorsport facility hosting a variety of racing events and other entertainment.
Boulder Pointe Golf Club - A scenic 18-hole golf course that offers a challenging layout for golfers of all skill levels.
New Market Historical Society - Preserves and showcases the rich history of the area through various exhibits and events.
Wagner Park - A local park providing recreational facilities including sports fields, walking trails, and playgrounds.
Doublewide Skate & Event Center - A family-friendly venue offering roller skating, games, and space for private events.
The Economy of Elko New Market, MN
The economy of Elko New Market is characterized by a mix of agriculture, local businesses, and commuting professionals who work in the greater Minneapolis-Saint Paul metropolitan area. The city has seen growth in residential development, which has spurred local services and retail. Additionally, the presence of the Elko Speedway contributes to local economic activity, especially during racing events which attract visitors from surrounding areas.
Elko New Market, MN Inflation
Understanding the BLS and Inflation in Elko New Market, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Elko New Market, 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 Elko New Market, 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 Elko New Market, 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 Elko New Market, 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 Elko new market, MN
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