Thompson, ND's Data
About Thompson, ND's
Thompson is a small city located in Grand Forks County, North Dakota, United States. Named after early settler George Thompson, the city was incorporated in 1881 and has a rich agricultural history due to its location in the fertile Red River Valley. Thompson is situated just south of Grand Forks, providing residents with a quiet, suburban lifestyle while maintaining close proximity to the amenities of a larger city.
City: Thompson
State: North Dakota
Country: United States
Population: 1,038
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, ND
Hike: Here are a couple of local trails to check out!
Local Attractions in Thompson, ND
Thompson Bridge - A historic bridge offering picturesque views of the Red River.
Thompson Park - A central recreational area with facilities for sports and family gatherings.
Old Settlers' Pavilion - A historical site used for community events and celebrations.
Red River State Recreation Area - A nearby park offering camping, fishing, and trails.
Heritage Village - A living history museum depicting life in early 20th century North Dakota.
The Economy of Thompson, ND
Thompson's economy historically revolves around agriculture, benefiting from the rich soils of the Red River Valley. The city's proximity to Grand Forks also allows for economic opportunities in retail and services, catering to both local residents and visitors. Education and healthcare sectors contribute to the local economy, supported by the nearby University of North Dakota in Grand Forks.
Thompson, ND Inflation
Understanding the BLS and Inflation in Thompson, ND
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Thompson, ND. 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, ND 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, ND 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, ND 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, ND
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