Summerset, SD's Data
About Summerset, SD's
Summerset, South Dakota, established in 2005, is one of the state's newest cities and has quickly become a notable community in Meade County. Located near the Black Hills and Rapid City, Summerset enjoys a strategic position that offers both scenic beauty and access to major transportation routes. Its formation was driven by rapid residential development and the desire for local governance, reflecting its dynamic growth and the active involvement of its residents.
City: Summerset
State: South Dakota
Country: United States
Population: Approximately 2,400
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 Summerset, SD
Hike: Here are a couple of local trails to check out!
Local Attractions in Summerset, SD
Black Hills National Forest - Vast, scenic area with hiking, biking, and picturesque views ideal for outdoor enthusiasts.
Bear Country USA - A drive-through wildlife park featuring North American wildlife in natural habitats.
Reptile Gardens - A unique animal park boasting a large collection of reptiles and exotic plants.
Petrified Forest of the Black Hills - A fascinating area with petrified wood and fossils, offering insights into prehistoric environments.
Sturgis Motorcycle Rally - An annual event nearby that attracts motorcycle enthusiasts from around the globe.
The Economy of Summerset, SD
The economy of Summerset is primarily driven by its proximity to Rapid City and the Black Hills, making it a hub for both commuters and tourists. Residential development is a significant economic activity, with local businesses catering to the needs of a growing population. The city's economy benefits from a mix of retail, service industries, and light manufacturing, alongside increasing opportunities in the tourism sector due to its location.
Summerset, SD Inflation
Understanding the BLS and Inflation in Summerset, SD
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Summerset, 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 Summerset, 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 Summerset, 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 Summerset, 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 Summerset, SD
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