Thompson Falls, MT's Data
About Thompson Falls, MT's
Thompson Falls, nestled in Sanders County, Montana, is a picturesque city named after British explorer David Thompson who founded a North West Company fur trading post here in 1809. The city is strategically located along the scenic Clark Fork River and is surrounded by the lush Lolo National Forest, making it a gateway to natural splendor and historical intrigue. Thompson Falls is known for its rich history, which is deeply intertwined with the fur trading and logging industries that once dominated the region.
City: Thompson Falls
State: Montana
Country: United States
Population: 1,313
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Thompson Falls, MT
Hike: Here are a couple of local trails to check out!
Local Attractions in Thompson Falls, MT
Thompson Falls High Bridge - A historic bridge offering panoramic views of the Clark Fork River and surrounding mountains.
Old Jail Museum - A museum located in a former jail, showcasing local history and artifacts from the area's past.
Island Park - A serene park located on an island in the Clark Fork River, ideal for picnics and nature walks.
Thompson Falls Dam - A key hydroelectric dam that also features walking trails and fishing spots.
Thompson Falls State Park - A state park that offers camping, hiking, and wildlife viewing opportunities.
The Economy of Thompson Falls, MT
The economy of Thompson Falls is primarily driven by sectors such as forestry, tourism, and local small businesses. The city's scenic landscapes and abundant wildlife attract tourists year-round, which bolsters the local hospitality industry. Forestry remains a significant economic contributor, benefiting from sustainable practices and the vast expanses of surrounding forest. Additionally, Thompson Falls serves as a hub for local artisans and craftspeople, whose work contributes to the diverse economic fabric of the city.
Thompson Falls, MT Inflation
Understanding the BLS and Inflation in Thompson Falls, MT
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Thompson Falls, 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 Thompson Falls, 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 Thompson Falls, 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 Thompson Falls, 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 Thompson falls, MT
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