Rice, MN's Data
About Rice, MN's
Rice, Minnesota is a small city located in Benton County, known for its rich history and vibrant community. Established in 1887 and named after the nearby Rice Creek, the city has grown from a small farming community to a charming residential area with a strong sense of local heritage. Its proximity to the Mississippi River has historically contributed to its development and community life.
Things To Do in Rice, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Rice, MN
Rice Creek - A scenic area perfect for outdoor activities such as fishing, canoeing, and wildlife observation.
Benton Beach Park - Offers camping, a public beach, and recreational facilities that are popular during the summer months.
Old Creamery Quilt Shop - A destination for quilting enthusiasts, featuring a wide variety of fabrics and quilting classes.
Langola Heritage Park - A historical site that celebrates the early settlers of the area with educational displays and events.
Mississippi River - Accessible for boating and fishing, providing beautiful views and a natural setting for relaxation.
The Economy of Rice, MN
The economy of Rice, Minnesota is primarily driven by agriculture, small businesses, and local services. The city benefits from its location near major transportation routes, which supports local businesses and facilitates trade. Additionally, Rice's economy is complemented by tourism related to its outdoor activities and historical sites, providing a boost to local businesses.
Rice, MN Inflation
Understanding the BLS and Inflation in Rice, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Rice, 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 Rice, 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 Rice, 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 Rice, 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 Rice, MN
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