Red Bay, AL's Data
About Red Bay, AL's
Red Bay is a small city situated in Franklin County, Alabama, United States. Established in the early 20th century, Red Bay developed as a key community in the region, primarily due to its railroad connections. This city, nestled close to the Alabama-Mississippi border, serves as a hub for local commerce and maintains a rich cultural heritage reflective of its history and geographical location.
Things To Do in Red Bay, AL
Hike: Here are a couple of local trails to check out!
Local Attractions in Red Bay, AL
Red Bay Museum - Showcases local history and culture with exhibits on the city's development and notable residents.
Bay Tree Park - A popular spot for family outings and recreational activities, featuring walking trails and picnic areas.
Cypress Cove Farm - Offers a glimpse into traditional farming practices and local wildlife.
Tammy Wynette Legacy Park - Dedicated to the legendary country music singer born here, featuring memorabilia and a life-size statue.
Red Bay Water Park - Provides seasonal outdoor water activities, ideal for family enjoyment and relaxation.
The Economy of Red Bay, AL
The economy of Red Bay is characterized by a mix of manufacturing, agriculture, and local businesses. Key industries include manufactured housing production and metal fabrication. The city benefits from its proximity to major highways and state lines, which facilitates regional trade and contributes to its economic stability. Local businesses and services also play a significant role in supporting the community and surrounding areas.
Red Bay, AL Inflation
Understanding the BLS and Inflation in Red Bay, AL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Red Bay, 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 Red Bay, 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 Red Bay, 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 Red Bay, 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 Red bay, AL
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