Price, UT's Data
About Price, UT's
Price is a city located in Carbon County, Utah, United States. It serves as the county seat and is situated approximately 120 miles southeast of Salt Lake City. Founded in the late 19th century, the city was named after Bishop William Price, a local leader of the Church of Jesus Christ of Latter-day Saints. Price has a rich history tied to the railroad expansion and coal mining, which shaped its development and growth.
Things To Do in Price, UT
Hike: Here are a couple of local trails to check out!
Local Attractions in Price, UT
Utah State University Eastern Prehistoric Museum - Features extensive collections of fossils and archaeological artifacts from the region.
Nine Mile Canyon - Known as 'the world’s longest art gallery', famous for its extensive rock art created by Native Americans.
Price River - Popular for recreational activities like fishing, rafting, and scenic views.
Price City Peace Gardens - A park that celebrates international peace with themed gardens representing various countries.
Carbon Country Club - Offers golfing facilities set against the backdrop of the scenic Price area.
The Economy of Price, UT
The economy of Price has traditionally been driven by the coal mining industry, due to its location in the Carbon County coal basin. However, in recent years, there has been a shift towards diversification with growth in sectors such as retail, education, and healthcare. The presence of Utah State University Eastern campus also contributes to the local economy through education and employment.
Price, UT Inflation
Understanding the BLS and Inflation in Price, UT
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Price, 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 Price, 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 Price, 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 Price, 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 Price, UT
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