Lake City, AR's Data
About Lake City, AR's
Lake City is a tranquil town located in Craighead County, Arkansas. It serves as one of the two county seats, sharing this distinction with Jonesboro. The town was incorporated in 1897 and has a rich history tied to the St. Francis River, which played a crucial role in its early development. Lake City began as a steamboat stop on the river, facilitating trade and transportation in the region.
Things To Do in Lake City, AR
Hike: Here are a couple of local trails to check out!
Local Attractions in Lake City, AR
Craighead Forest Park - Offers outdoor recreation opportunities such as hiking, fishing, and camping.
Forrest L Wood Crowley's Ridge Nature Center - An educational facility focusing on the natural history and ecosystem of Crowley's Ridge.
Jonesboro Bowling Center - Popular local bowling alley near Lake City, providing family entertainment.
The Mall at Turtle Creek - Regional shopping center located in nearby Jonesboro, featuring a range of retail stores and eateries.
Lake Frierson State Park - A scenic park known for its peaceful fishing and picnicking spots.
The Economy of Lake City, AR
The economy of Lake City is primarily based on agriculture, with farming playing a pivotal role in the local economy. The area is known for producing a variety of crops, including soybeans, rice, and cotton. The proximity to Jonesboro also supports its economy through shared services and employment opportunities, with some residents commuting to the larger city for work.
Lake City, AR Inflation
Understanding the BLS and Inflation in Lake City, AR
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lake City, 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 Lake City, 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 Lake City, 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 Lake City, 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 Lake city, AR
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