Lipscomb, AL's Data
About Lipscomb, AL's
Lipscomb is a small city situated in Jefferson County, Alabama. Named after a local property owner, Lipscomb emerged as a distinct community in the early 20th century, primarily supported by the iron and steel industry due to its proximity to industrial Birmingham. The city was incorporated in 1910 and has maintained its small-town character while being part of the larger Birmingham metropolitan area.
Things To Do in Lipscomb, AL
Hike: Here are a couple of local trails to check out!
Local Attractions in Lipscomb, AL
Bessemer Hall of History Museum - A museum showcasing the rich history of the Bessemer area, close to Lipscomb.
DeBardeleben Park - A historic park in nearby Bessemer, offering recreational facilities and community events.
Alabama Splash Adventure - A popular water and theme park located a short drive from Lipscomb, providing entertainment for families and visitors.
Tannehill Ironworks Historical State Park - A park preserving 19th-century ironworks, offering historical insights and natural beauty.
Birmingham Civil Rights Institute - An acclaimed museum and research center in Birmingham that chronicles the struggles of the civil rights movement in America.
The Economy of Lipscomb, AL
The economy of Lipscomb has traditionally been linked with the broader industrial activities of the Birmingham area, particularly those related to steel production and manufacturing. In recent decades, the local economy has diversified somewhat, incorporating service sectors and retail businesses. However, economic challenges remain significant, with revitalization efforts focused on attracting new businesses and improving infrastructure.
Lipscomb, AL Inflation
Understanding the BLS and Inflation in Lipscomb, AL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lipscomb, AL. 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 Lipscomb, AL understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Lipscomb, AL 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 Lipscomb, AL 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 Lipscomb, AL
No results found. Please try another search.
Brought to you by
