Milford, UT's Data
About Milford, UT's
Milford, located in Beaver County, Utah, is a small city with a rich history that dates back to its founding in 1873. Initially established as a railroad town, Milford became a vital link in the transportation and communication networks spreading across the western United States. Its geographical position in southwestern Utah makes it a strategic hub for transportation and a gateway to exploring the vast landscapes of the region.
Things To Do in Milford, UT
Hike: Here are a couple of local trails to check out!
Local Attractions in Milford, UT
Milford Flat Fire Memorial - Commemorates the largest wildfire in Utah's history, offering insights into fire management and ecological recovery.
Rock Corral Recreation Area - Known for its stunning rock formations and opportunities for hiking, camping, and rock climbing.
Minersville Reservoir - A popular spot for fishing, boating, and water sports, surrounded by scenic views.
Granite View Golf Course - Provides golf enthusiasts with a challenging course set against a backdrop of beautiful landscapes.
Beaver County Fairgrounds - Hosts various events including the annual county fair, rodeos, and cultural festivals, reflecting the community spirit of Milford.
The Economy of Milford, UT
The economy of Milford has historically been anchored by agriculture and the railroad industry, with recent diversification into renewable energy sources, particularly wind and solar power. The city has seen growth in these sectors, attracting investments and contributing to local employment. Additionally, Milford serves as a local commercial center for surrounding agricultural areas, supporting the regional economy.
Milford, UT Inflation
Understanding the BLS and Inflation in Milford, UT
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Milford, UT. 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 Milford, UT understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Milford, UT 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 Milford, UT 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 Milford, UT
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