Laurel, MT's Data
About Laurel, MT's
Laurel, Montana, nestled in Yellowstone County, serves as a key hub for agriculture and transportation in the region. Established as a railroad town, Laurel has grown significantly since its incorporation in 1908, maintaining its roots in its rich railway history. Positioned near the Yellowstone River and approximately 15 miles southwest of Billings, the city's strategic location has historically made it a pivotal point for trade and transit.
Things To Do in Laurel, MT
Hike: Here are a couple of local trails to check out!
Local Attractions in Laurel, MT
Laurel Golf Club - A popular golf course known for its well-maintained greens and scenic views.
Thompson Park - Offers a range of outdoor activities including picnic areas and trails for hiking.
Yellowstone River - A natural attraction ideal for fishing, boating, and riverside walks.
South Pond Park - A family-friendly park with a pond, walking paths, and playground equipment.
Laurel Historic District - Features a collection of early 20th-century buildings and the Laurel Area Historical Museum.
The Economy of Laurel, MT
Laurel's economy is primarily driven by its longstanding ties to the railroad industry, agriculture, and the energy sector. The presence of major facilities like the CHS Inc. oil refinery, one of the largest in Montana, underscores the city's role in regional energy production. Additionally, its proximity to major transportation routes supports a variety of service and retail businesses catering to both residents and travelers.
Laurel, MT Inflation
Understanding the BLS and Inflation in Laurel, MT
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Laurel, 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 Laurel, 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 Laurel, 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 Laurel, 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 Laurel, MT
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