Lakin, KS's Data
About Lakin, KS's
Lakin, located in Kearny County, Kansas, serves as the county seat and is a notable small town in the western part of the state. Established in 1873 and officially incorporated in 1911, Lakin is named after David Long Lakin, a railroad construction engineer. The town's history is deeply intertwined with the development of the Atchison, Topeka and Santa Fe Railway, which played a crucial role in its early growth and development.
Things To Do in Lakin, KS
Hike: Here are a couple of local trails to check out!
Local Attractions in Lakin, KS
Kearny County Museum - Offers insights into the local history and heritage with exhibits on early settlers, agriculture, and the railroad.
Lakin Sled Hill - A popular local spot for sledding during the winter months, providing outdoor recreation for families and visitors.
Loucks Park - Features picnic areas, playgrounds, and sports facilities, serving as a community hub for outdoor activities.
Deerfield Sand Dunes - Located nearby, these sand dunes offer a unique natural landscape for hiking and off-road vehicle activities.
Santa Fe Trail Marker - Commemorates the historic Santa Fe Trail which played a significant role in the development and history of the region.
The Economy of Lakin, KS
The economy of Lakin is primarily driven by agriculture, with a significant emphasis on irrigation farming facilitated by the nearby Arkansas River. The town's agricultural output includes crops like corn and wheat, as well as livestock farming. In addition to agriculture, Lakin benefits from its role as a governmental and service center for Kearny County, contributing to local employment and economic stability.
Lakin, KS Inflation
Understanding the BLS and Inflation in Lakin, KS
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lakin, 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 Lakin, 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 Lakin, 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 Lakin, 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 Lakin, KS
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