Park Rapids, MN's Data
About Park Rapids, MN's
Park Rapids is a charming city located in Hubbard County, Minnesota. Known as the gateway to the Mississippi River headwaters located in nearby Itasca State Park, this city offers a blend of natural beauty and small-town hospitality. Founded in the late 19th century, Park Rapids became a significant hub for logging and agriculture, contributing to its development. Today, it serves as an important regional center in northern Minnesota, attracting visitors with its scenic landscapes and vibrant local culture.
City: Park Rapids
State: Minnesota
Country: United States
Population: Approximately 4,000 residents as of the latest estimates.
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 Park Rapids, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Park Rapids, MN
Itasca State Park - A historic state park known for being the source of the Mississippi River.
Heartland Trail - One of the first rail-to-trail projects in the USA, ideal for biking and walking.
Jasper’s Theater - Offers family-friendly performances including magic and comedy shows.
Nimrod Jubilee Days - An annual event featuring parades, games, and community activities.
Red Bridge Park - A picturesque park on the Fish Hook River, perfect for picnics and leisurely walks.
The Economy of Park Rapids, MN
The economy of Park Rapids is primarily driven by tourism, retail, and healthcare services. The city's proximity to Itasca State Park and numerous lakes makes it a popular destination for outdoor activities such as fishing, boating, and camping, which in turn supports local businesses and services. Additionally, Park Rapids hosts a variety of events and festivals that stimulate economic activity, complemented by a growing arts scene that includes galleries and theaters.
Park Rapids, MN Inflation
Understanding the BLS and Inflation in Park Rapids, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Park Rapids, 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 Park Rapids, 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 Park Rapids, 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 Park Rapids, 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 Park rapids, MN
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