Colstrip, MT's Data
About Colstrip, MT's
Colstrip is a city located in Rosebud County, Montana, known primarily for its role in energy production. Established in the 1920s, the city was developed to serve the nearby coal mines and expanded significantly in the 1970s and 1980s with the construction of the Colstrip Power Plant, one of the largest in the western United States. This small city is emblematic of the balance between energy development and environmental concerns, a topic that has shaped its history and policy debates.
Things To Do in Colstrip, MT
Hike: Here are a couple of local trails to check out!
Local Attractions in Colstrip, MT
Colstrip Power Plant - A major facility that offers insight into the coal-based energy production in Montana.
Castle Rock Lake - A popular recreational area for fishing, boating, and picnicking.
Ponderosa Butte Golf Course - An 18-hole golf course providing scenic views and recreational opportunities.
Rosebud County Historical Museum - Offers exhibits on the local history, including the development of the coal industry.
Colstrip Parks and Recreation - Features various parks and trails ideal for outdoor activities and family outings.
The Economy of Colstrip, MT
The economy of Colstrip is heavily reliant on the energy sector, particularly coal mining and electricity generation. The Colstrip Power Plant and the associated coal mines have historically been the primary drivers of the local economy, providing numerous jobs and significant economic benefits to the area. However, there have been economic challenges and job uncertainties due to shifts in national energy policies and increasing regulations on coal-powered energy.
Colstrip, MT Inflation
Understanding the BLS and Inflation in Colstrip, MT
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Colstrip, MT. 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 Colstrip, MT understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Colstrip, MT 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 Colstrip, MT 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 Colstrip, MT
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