St. Peter, MN's Data
About St. Peter, MN's
St. Peter is a charming city located in Nicollet County, Minnesota, along the banks of the Minnesota River. Established in 1853, St. Peter was once in contention to be the state capital of Minnesota. This historic city is known for its well-preserved architecture and small-town feel, making it a significant cultural hub in the region. It is also home to Gustavus Adolphus College, a private liberal arts college founded in 1862, which plays a crucial role in the city's community and educational life.
Things To Do in St. Peter, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in St. Peter, MN
Gustavus Adolphus College - A historic liberal arts college with beautiful campus grounds and vibrant student life.
Linnaeus Arboretum - A 135-acre arboretum and botanical garden located on the college campus, offering a variety of native and exotic plant species.
Minnesota Square Park - A central park that hosts community events and offers recreational facilities.
St. Peter Historic District - Features well-preserved 19th-century buildings, offering a glimpse into the city's rich architectural history.
Traverse des Sioux - A historical site near St. Peter that was a significant trading and meeting location for Native Americans and European traders in the 19th century.
The Economy of St. Peter, MN
The economy of St. Peter is diverse, with education, healthcare, and manufacturing serving as primary economic drivers. Gustavus Adolphus College is one of the largest employers, contributing significantly to the local economy through education and employment. The presence of the St. Peter Regional Treatment Center, a large psychiatric hospital, also adds to the economic stability by providing numerous healthcare jobs. Additionally, the city benefits from its small businesses and retail sectors that cater to the residents and college students.
St. Peter, MN Inflation
Understanding the BLS and Inflation in St. Peter, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like St. Peter, 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 St. Peter, 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 St. Peter, 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 St. Peter, 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 St. peter, MN
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