Foley, MN's Data
About Foley, MN's
Foley is a city located in Benton County, Minnesota, United States. Established as the county seat in 1907, Foley has developed a rich history centered around its agricultural roots. The city's strategic location in central Minnesota has made it an accessible hub for residents and businesses alike. Foley's small-town charm and community-focused lifestyle contribute to its distinct character, offering a quiet respite from the bustling urban centers.
Things To Do in Foley, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Foley, MN
Benton County Fairgrounds - Hosts the annual county fair, attracting visitors for entertainment, exhibits, and community events.
Dewey Street Park - A popular local park offering playgrounds, sports facilities, and picnic areas.
Foley Public Library - Serves as a community hub for learning and cultural activities, offering various programs and resources.
Foley Historical Museum - Provides insights into the local history and heritage of Foley and the surrounding area.
Lions Park - Features ample green space for outdoor activities, walking trails, and family gatherings.
The Economy of Foley, MN
Foley's economy has traditionally been based on agriculture, benefiting from the fertile soils of central Minnesota. In recent years, the city has seen a diversification in its economic base, including small manufacturing, retail, and service industries. Local businesses are supported by the Foley Area Chamber of Commerce, which plays a crucial role in economic development and fostering a business-friendly environment.
Foley, MN Inflation
Understanding the BLS and Inflation in Foley, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Foley, 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 Foley, 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 Foley, 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 Foley, 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 Foley, MN
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