Georgetown, KY's Data
About Georgetown, KY's
Georgetown, Kentucky, is a charming city located in Scott County and serves as the county seat. Founded in 1790 and named after President George Washington, Georgetown is steeped in rich history and has developed significantly over the centuries. It is situated approximately 12 miles north of Lexington and is part of the Lexington-Fayette Metropolitan area. The city's growth accelerated with the establishment of Southwestern Railroad in the 19th century and more recently with the presence of Toyota’s largest manufacturing plant outside Japan.
City: Georgetown
State: Kentucky
Country: United States
Population: 34992
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Georgetown, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Georgetown, KY
Toyota Motor Manufacturing Tour - Offers insights into the complex world of automobile assembly.
Old Friends Retirement Home - A farm and sanctuary for retired Thoroughbred racehorses.
Georgetown College - A private, Christian liberal arts college with a picturesque campus.
Yuko-En on the Elkhorn - A serene Kentucky-Japan friendship garden, displaying a blend of Kentucky native plants with traditional Japanese garden designs.
Scott County Arts & Cultural Center - Hosts art exhibitions and cultural events, housed in the historic Scott County Jail.
The Economy of Georgetown, KY
The economy of Georgetown is heavily influenced by the automotive industry, primarily due to the Toyota Motor Manufacturing Kentucky plant, which is the largest employer in the city. This plant significantly contributes to the local economy by providing thousands of jobs and fostering numerous ancillary businesses. Beyond automotive, Georgetown also benefits from its proximity to Lexington, with many residents commuting for work in various sectors such as education, healthcare, and technology.
Georgetown, KY Inflation
Understanding the BLS and Inflation in Georgetown, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Georgetown, 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 Georgetown, 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 Georgetown, 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 Georgetown, 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 Georgetown, KY
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