Franklin, KY's Data
About Franklin, KY's
Franklin, Kentucky, is a vibrant city located in Simpson County, where it serves as the county seat. Established in 1820 and named after Benjamin Franklin, the city has a rich history that reflects the broader narrative of the American South. Its geographical position near the Kentucky-Tennessee border makes it a significant location for cultural exchange and economic interaction between the two states.
Things To Do in Franklin, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Franklin, KY
Kentucky Downs - A renowned horse racing track offering live racing and gaming.
Gallery on the Square - A local art gallery showcasing works from regional artists.
Simpson County Archives and Museum - A museum dedicated to preserving the history of Simpson County.
Franklin Drive-In - One of the few remaining drive-in theaters in Kentucky, offering a nostalgic movie-going experience.
Dumont Hill Park - A historical park featuring walking trails and Civil War era fortifications.
The Economy of Franklin, KY
The economy of Franklin is diverse, with a strong emphasis on manufacturing, agriculture, and retail services. Major industries include automotive parts production, with several factories and distribution centers situated in the city. The presence of the Kentucky Downs racetrack also contributes significantly to the local economy through tourism and the gaming industry.
Franklin, KY Inflation
Understanding the BLS and Inflation in Franklin, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Franklin, 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 Franklin, 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 Franklin, 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 Franklin, 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 Franklin, KY
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