Virginia, MN's Data
About Virginia, MN's
Virginia, Minnesota, situated in St. Louis County, is a city rich in history and cultural heritage. Established in 1892, Virginia developed rapidly due to the iron mining boom in the Mesabi Range, becoming a hub for the iron ore industry. The city's strategic location in Northeastern Minnesota, along the Mesabi Trail, contributes to its historical and economic significance, making it an important player in the region's development.
Things To Do in Virginia, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Virginia, MN
U.S. Hockey Hall of Fame - Museum dedicated to the history of ice hockey in the United States, with exhibits and memorabilia.
Olcott Park - A historic park featuring a greenhouse, bandstand, and beautiful walking paths.
Iron Range Off-Highway Vehicle State Recreation Area - Popular area for off-road vehicle enthusiasts, offering trails for all skill levels.
Laurentian Divide - A natural landmark where water flows in different directions towards North America's great watersheds.
Virginia Area Historical Society - Museum showcasing local history, including the impact of the mining industry.
The Economy of Virginia, MN
Virginia's economy has traditionally been anchored by the iron mining industry, which has shaped its development and growth over the years. Although mining remains a significant economic driver, the city has diversified its economic base to include healthcare, retail, and manufacturing. The presence of large healthcare facilities and a variety of retail establishments support local employment and economic stability.
Virginia, MN Inflation
Understanding the BLS and Inflation in Virginia, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Virginia, 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 Virginia, 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 Virginia, 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 Virginia, 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 Virginia, MN
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