Elkton, KY's Data
About Elkton, KY's
Elkton, the seat of Todd County, Kentucky, is a small city rich in history and community spirit. Established in 1820, Elkton was named after the nearby Elkhorn Creek and has a history deeply intertwined with the agricultural development of the region. Located in southwestern Kentucky, it serves as a hub for local governance and commerce within the county. The city's layout and architecture reflect its early 19th-century roots, offering a glimpse into its storied past.
Things To Do in Elkton, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Elkton, KY
Todd County Courthouse - A historic site featuring classical architecture and the administrative heart of the county.
Elkton Bike Night - A popular event drawing motorcycle enthusiasts from across the region for festivities and community gatherings.
Boone's Cave Park - A natural area offering hiking, picnicking, and a historical cave exploration site.
Jefferson Davis Monument - A nearby historic site commemorating the birthplace of the Confederate president, located in Fairview.
Pennyroyal Area Museum - A regional museum in nearby Hopkinsville, showcasing the cultural and historical heritage of southwestern Kentucky.
The Economy of Elkton, KY
Elkton's economy has traditionally been based on agriculture, with tobacco, corn, and soybeans being prominent crops in the area. In recent decades, the city has seen a diversification in its economic base, including small manufacturing, retail, and services. Local businesses and family-owned enterprises form the backbone of its economy, contributing to a close-knit community atmosphere. The city also benefits from its proximity to larger markets like Nashville, Tennessee, which is about an hour's drive south.
Elkton, KY Inflation
Understanding the BLS and Inflation in Elkton, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Elkton, KY. 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 Elkton, KY understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Elkton, KY 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 Elkton, KY 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 Elkton, KY
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