Hamilton, MT's Data
About Hamilton, MT's
Hamilton is a charming city located in Ravalli County, Montana. Founded in the late 19th century, it was primarily established by copper magnate Marcus Daly. Nestled in the Bitterroot Valley, Hamilton serves as the county seat and is surrounded by the stunning natural beauty of the Bitterroot and Sapphire Mountains. The city's history is deeply intertwined with the timber and agriculture industries, reflecting its development through the 20th century.
Things To Do in Hamilton, MT
Hike: Here are a couple of local trails to check out!
Local Attractions in Hamilton, MT
Daly Mansion - The historic home of 19th-century industrialist Marcus Daly, featuring period furnishings and expansive grounds.
Bitterroot River - Popular for fly fishing, rafting, and scenic views, offering numerous outdoor activities.
Ravalli County Museum - Showcases local history and culture with exhibits on Native American heritage, natural history, and the Lewis and Clark Expedition.
Lake Como - A beautiful lake offering hiking, boating, and camping facilities, ideal for outdoor enthusiasts.
Hamilton Farmers Market - A lively market featuring local produce, crafts, and foods, reflecting the community's agricultural roots.
The Economy of Hamilton, MT
Hamilton's economy has diversified from its historical roots in agriculture and timber. Today, it hosts a mix of retail, manufacturing, and healthcare services. The city is also home to the Rocky Mountain Laboratories, a notable branch of the National Institutes of Health, which significantly contributes to the local economy through research and employment. Tourism, driven by the scenic vistas and recreational opportunities in the surrounding wilderness areas, plays a vital role in Hamilton's economic landscape.
Hamilton, MT Inflation
Understanding the BLS and Inflation in Hamilton, MT
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Hamilton, 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 Hamilton, 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 Hamilton, 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 Hamilton, 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 Hamilton, MT
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