Colby, KS's Data
About Colby, KS's
Colby, located in Thomas County, Kansas, serves as the county seat and is a key city in the northwestern part of the state. Established in 1885 and named after J.R. Colby, a local land assessor, the city has a rich history tied to the development of the railway and agriculture in the region. Its strategic location along major highways and railways has historically made it a significant hub for transportation and trade.
Things To Do in Colby, KS
Hike: Here are a couple of local trails to check out!
Local Attractions in Colby, KS
Prairie Museum of Art and History - Showcases regional history and art with exhibits on agriculture, pioneer life, and local artifacts.
Thomas County Speedway - Hosts regular motor racing events, attracting enthusiasts from across the region.
Villa High Park - Offers recreational facilities including walking trails, a disc golf course, and sports fields.
Colby Aquatic Park - A popular summer destination featuring pools, slides, and water play areas for families.
Colby Event Center - A venue for various cultural and community events including concerts, expos, and sports tournaments.
The Economy of Colby, KS
The economy of Colby is predominantly driven by agriculture, reflecting its location in the heart of the Great Plains. Key crops include wheat, corn, and sorghum, with livestock also playing a significant role. The city has also diversified its economic base to include retail, healthcare, and education, with Colby Community College contributing to both the local economy and educational landscape.
Colby, KS Inflation
Understanding the BLS and Inflation in Colby, KS
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Colby, KS. 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 Colby, KS understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Colby, KS 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 Colby, KS 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 Colby, KS
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