Spring Park, MN's Data
About Spring Park, MN's
Spring Park is a small city located on the shores of Lake Minnetonka in Hennepin County, Minnesota. Established as a city in 1951, Spring Park has a rich history connected to the lake, which has been a popular recreation and tourism destination since the late 19th century. The city is nestled in a scenic area with views of the lake, making it a picturesque locale in the region.
City: Spring Park
State: Minnesota
Country: United States
Population: Approximately 1,800 residents as of the latest census data.
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 Spring Park, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Spring Park, MN
Lake Minnetonka - A large lake offering boating, fishing, and scenic views.
Dakota Rail Regional Trail - A trail providing opportunities for biking and walking with lake views.
Lord Fletcher's Old Lake Lodge - A popular restaurant and bar known for its lakeside dining.
Spring Park Bay - A favored spot for water sports and leisure activities.
Veterans Memorial - A tribute to the nation's veterans, located in a serene park setting.
The Economy of Spring Park, MN
The economy of Spring Park is closely tied to its geographic location on Lake Minnetonka. Tourism plays a significant role, with many visitors coming to enjoy the lake's recreational opportunities. Local businesses, primarily small and family-owned, cater to both the tourist trade and local residents. The proximity to larger cities like Minneapolis also influences its economy, providing residents with additional employment opportunities while retaining a small-town charm.
Spring Park, MN Inflation
Understanding the BLS and Inflation in Spring Park, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Spring Park, 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 Spring Park, 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 Spring Park, 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 Spring Park, 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 Spring park, MN
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