Dermott, AR's Data
About Dermott, AR's
Dermott is a small city located in Chicot County, Arkansas, known for its rich historical background and cultural significance. Established in 1890, Dermott grew from a small railroad town into a community with deep agricultural roots, primarily revolving around cotton farming. The city's development was significantly influenced by its location near the Mississippi Delta, making it a pivotal area in the region's agricultural landscape.
Things To Do in Dermott, AR
Hike: Here are a couple of local trails to check out!
Local Attractions in Dermott, AR
Dermott Crawfish Festival - An annual event celebrating local cuisine and culture with music, food, and entertainment.
Lake Wallace - A nearby recreational area offering fishing, boating, and picnic spots.
Turner Neal Museum of Natural History - Features exhibits on regional flora and fauna, providing educational opportunities.
Dermott City Park - A community park that provides outdoor recreational facilities and a venue for local events.
Chicot County Historical Museum - Offers insights into the rich history of Dermott and the surrounding areas.
The Economy of Dermott, AR
The economy of Dermott, AR, has historically been anchored in agriculture, with cotton, soybeans, and rice as the primary crops. Over the years, the economic focus has shifted slightly with small-scale local businesses playing a vital role in the community. The city has faced economic challenges, including fluctuations in agricultural markets and population decline, impacting local economic stability.
Dermott, AR Inflation
Understanding the BLS and Inflation in Dermott, AR
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Dermott, AR. 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 Dermott, AR understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Dermott, AR 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 Dermott, AR 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 Dermott, AR
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