Libby, MT's Data
About Libby, MT's
Libby is a city nestled in the scenic Kootenai Valley of northwestern Montana and serves as the county seat of Lincoln County. Established in 1892 and incorporated in 1909, Libby's history is deeply intertwined with the logging and mining industries. It is located near the Kootenai River and surrounded by the Cabinet Mountains and Kootenai National Forest, making it a notable spot for outdoor enthusiasts.
Things To Do in Libby, MT
Hike: Here are a couple of local trails to check out!
Local Attractions in Libby, MT
Kootenai Falls - A stunning waterfall and one of the largest free-flowing waterfalls in the northwest, popular for hiking and sightseeing.
Libby Dam - Constructed on the Kootenai River, this dam offers tours and recreational activities such as fishing, boating, and camping.
Heritage Museum - Showcases local history and culture, with exhibits on the logging and mining heritage of the region.
Turner Mountain Ski Area - Known for its challenging ski runs and family-friendly atmosphere during the winter season.
Cabinet Mountains Wilderness - Offers extensive trails for hiking, backpacking, and wildlife viewing in a pristine natural environment.
The Economy of Libby, MT
The economy of Libby has traditionally been driven by natural resources, particularly timber and mining. In recent years, there has been a shift towards tourism and health care, with the natural beauty of the region attracting visitors year-round. Efforts to diversify the local economy include small-scale manufacturing and services.
Libby, MT Inflation
Understanding the BLS and Inflation in Libby, MT
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Libby, 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 Libby, 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 Libby, 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 Libby, 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 Libby, MT
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