New Ulm, MN's Data
About New Ulm, MN's
New Ulm, located in Brown County, Minnesota, is a city rich in German heritage, evident in its architecture, festivals, and community spirit. Founded in 1854 by the German Land Company of Chicago, it was named after the city of Ulm in southern Germany. New Ulm is known for its strong historical ties, particularly its role in the Dakota War of 1862, which is commemorated by various monuments and museums throughout the city.
Things To Do in New Ulm, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in New Ulm, MN
Hermann the German Monument - A towering statue commemorating Hermann the Cherusci, a symbol of Germanic pride.
Brown County Historical Society Museum - Offers exhibits on the regional history, including the U.S.-Dakota War of 1862.
Flandrau State Park - A state park offering camping, swimming, and hiking opportunities along the Cottonwood River.
Schell's Brewery - The second-oldest family-owned brewery in America, offering tours and tastings.
Wanda Gag House - The childhood home of artist and author Wanda Gag, showcasing early 20th-century life and art.
The Economy of New Ulm, MN
The economy of New Ulm is diversified, with a strong base in manufacturing, retail, and healthcare. Major employers include the Minnesota Valley Testing Laboratories and Kraft Foods. The city's economic landscape is also supported by its tourism industry, driven by its rich history and annual festivals such as Oktoberfest, which attract visitors from across the region.
New Ulm, MN Inflation
Understanding the BLS and Inflation in New Ulm, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like New Ulm, 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 New Ulm, 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 New Ulm, 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 New Ulm, 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 New ulm, MN
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