Knoxville, IA's Data
About Knoxville, IA's
Knoxville, Iowa, is a city rich in history and tradition, located in Marion County. It was founded in 1845 and initially served as the county seat. The city is well-known for its historical significance in the development of the region, and its proximity to Des Moines, which is about 40 miles northwest, adds to its strategic importance. Knoxville's heritage is deeply connected to the railroad industry, which played a pivotal role in its early growth and development.
Things To Do in Knoxville, IA
Hike: Here are a couple of local trails to check out!
Local Attractions in Knoxville, IA
National Sprint Car Hall of Fame & Museum - Dedicated to the history of sprint car racing, with displays of cars and memorabilia.
Knoxville Raceway - Known as the 'Sprint Car Capital of the World', hosting numerous racing events.
Marion County Park - Offers a variety of outdoor activities including camping, fishing, and hiking trails.
Knoxville Public Library - Features a comprehensive collection and serves as a community hub for education and events.
Peace Tree Brewing Company - A local brewery known for its craft beers and community events.
The Economy of Knoxville, IA
The economy of Knoxville is diverse, with a strong emphasis on manufacturing, retail, and services. The presence of various manufacturing firms has traditionally been the backbone of the local economy, providing a significant number of jobs and economic stability. Additionally, Knoxville has developed a niche in auto racing, particularly sprint car racing, which attracts thousands of visitors each year, contributing to the local economy through tourism and related services.
Knoxville, IA Inflation
Understanding the BLS and Inflation in Knoxville, IA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Knoxville, IA. 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 Knoxville, IA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Knoxville, IA 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 Knoxville, IA 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 Knoxville, IA
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