Milan, NM's Data
About Milan, NM's
Milan village, located in Cibola County, New Mexico, is a small but vibrant community. Established in the mid-20th century, Milan was initially developed to support the uranium mining industry in the region. Its proximity to Grants, a larger town, has influenced its growth and development. The village serves as a gateway to the broader Western New Mexico area, which is rich in history and natural beauty, including the nearby El Malpais National Monument.
City: Milan
State: New Mexico
Country: United States
Population: Approximately 3,245 as of the latest census data.
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 Milan, NM
Hike: Here are a couple of local trails to check out!
Local Attractions in Milan, NM
El Malpais National Monument - A vast landscape of volcanic structures and natural beauty, offering hiking and scenic views.
New Mexico Mining Museum - Located in nearby Grants, this museum showcases the history of uranium mining in the region.
Bluewater Lake State Park - Popular for fishing, camping, and boating, located a short drive from Milan.
Cibola National Forest - Offers extensive outdoor recreation opportunities, including hiking, mountain biking, and wildlife viewing.
Route 66 - Historic Route 66 runs through the area, providing a cultural and historical journey through classic Americana.
The Economy of Milan, NM
The economy of Milan village is primarily driven by its role as a support community for the larger town of Grants and the surrounding areas. The local economy benefits from the service sector, with businesses catering to travelers and local residents. Additionally, Milan's economy is influenced by its proximity to natural resources and the remnants of the historical uranium mining industry, although the latter is no longer a major economic driver.
Milan, NM Inflation
Understanding the BLS and Inflation in Milan, NM
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Milan, NM. 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 Milan, NM understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Milan, NM 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 Milan, NM 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 Milan, NM
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