Elk Point, SD's Data
About Elk Point, SD's
Elk Point is a charming city located in Union County, South Dakota. Established by European-American settlers in 1859, this city initially served as a trading and shipping point due to its strategic location near the Missouri River. Elk Point is rich in historical significance, notably being near the area where the Lewis and Clark Expedition passed in 1804. Its historical roots are reflected in the community and local architecture, maintaining a small-town feel while serving as the county seat of Union County.
City: Elk Point
State: South Dakota
Country: United States
Population: 1,963
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 Elk Point, SD
Hike: Here are a couple of local trails to check out!
Local Attractions in Elk Point, SD
Union County Courthouse - A historic building serving as the county's administrative center.
Heritage Park - A community park that offers recreational facilities and historical displays.
Lewis and Clark Festival - An annual event celebrating the historical passage of the Lewis and Clark Expedition near Elk Point.
The Point Golf & Event Center - A popular venue for golfing and events with scenic views.
Mud Run - An annual community event featuring a challenging and fun obstacle course.
The Economy of Elk Point, SD
The economy of Elk Point is primarily driven by agriculture, with corn, soybeans, and livestock being the predominant sectors. The city benefits from its proximity to larger markets like Sioux City, Iowa, enhancing its economic landscape through increased business opportunities and employment. Additionally, the local government and educational institutions provide stable employment and contribute to the economic vitality of the community.
Elk Point, SD Inflation
Understanding the BLS and Inflation in Elk Point, SD
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Elk Point, SD. 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 Elk Point, SD understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Elk Point, SD 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 Elk Point, SD 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 Elk point, SD
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