Hopkins, MN's Data
About Hopkins, MN's
Hopkins, Minnesota, is a vibrant suburban city located in Hennepin County, just west of Minneapolis. Established in 1893 and named after Harley H. Hopkins, an early settler and the town's first postmaster, the city has a rich history tied to its development alongside the Minneapolis and St. Louis Railway. Hopkins is known for its dynamic community, historic downtown area, and its commitment to arts and culture.
Things To Do in Hopkins, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Hopkins, MN
Downtown Hopkins - Known for its main street filled with unique shops, restaurants, and theaters.
Hopkins Center for the Arts - Offers a variety of performances, exhibitions, and classes, serving as a cultural hub.
Hopkins Cinema 6 - A popular local movie theater offering a mix of mainstream and independent films.
Shady Oak Beach - A favorite summer destination with a sandy beach, swimming area, and picnic facilities.
Depot Coffee House - Housed in a historic train depot, this coffee house hosts community events and live music.
The Economy of Hopkins, MN
The economy of Hopkins is diverse, with a mix of retail, service, and light industrial sectors. The city benefits from its proximity to Minneapolis, drawing on the larger metropolitan workforce and business environment. Major economic drivers include a robust local business community, with the presence of companies such as Cargill, one of the largest privately held corporations in the United States, which has its roots in the city.
Hopkins, MN Inflation
Understanding the BLS and Inflation in Hopkins, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Hopkins, 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 Hopkins, 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 Hopkins, 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 Hopkins, 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 Hopkins, MN
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