Potosi, MO's Data
About Potosi, MO's
Potosi, situated in Washington County, Missouri, serves as the county seat and is located about 72 miles southwest of St. Louis. Founded in 1760 by French explorers, the city was initially involved in lead mining, which significantly influenced its early growth and development. Named after the Bolivian silver-mining city, Potosi's rich history is closely tied to the mining industry, although it has diversified over the years. The city is also known for its proximity to the Mark Twain National Forest, enhancing its scenic beauty and outdoor recreational opportunities.
Things To Do in Potosi, MO
Hike: Here are a couple of local trails to check out!
Local Attractions in Potosi, MO
Washington County Courthouse - A historic building serving as the county's governmental hub.
Missouri Mines State Historic Site - Features exhibits on the state's mining history.
Elephant Rocks State Park - Known for its giant granite boulders and popular for picnicking and hiking.
Yates House Bed and Breakfast - A notable historic inn offering a glimpse into the local lifestyle.
Mark Twain National Forest - Offers extensive trails, camping, and diverse wildlife, ideal for outdoor enthusiasts.
The Economy of Potosi, MO
Potosi's economy historically revolved around mining, particularly lead, which was predominant until declining in the late 20th century. Today, the local economy has diversified, including sectors such as manufacturing, retail, and services. The presence of government and educational institutions also contributes to employment and economic stability. Tourism, driven by the city's historical sites and outdoor activities in the nearby national forest, plays a vital role in the local economy.
Potosi, MO Inflation
Understanding the BLS and Inflation in Potosi, MO
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Potosi, MO. 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 Potosi, MO understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Potosi, MO 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 Potosi, MO 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 Potosi, MO
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