Raceland, KY's Data
About Raceland, KY's
Raceland is a small city located in Greenup County, Kentucky, United States. It was incorporated in 1915 and has a rich history tied to the development of the region's railroad industry. The city's name reflects its historical connection to the Chesapeake and Ohio Railway, which was instrumental in its establishment and growth. Raceland is situated in the northeastern part of Kentucky, near the Ohio River, which provides a scenic backdrop and has historically contributed to the city's economy and culture.
Things To Do in Raceland, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Raceland, KY
Greenbo Lake State Resort Park - A nearby state park offering outdoor recreation including fishing, boating, and hiking trails.
Raceland Derby - An annual event featuring a local derby race, attracting participants and spectators from the surrounding areas.
Raceland Historic District - A district showcasing architecture and sites from the early 20th century, reflecting the city's historical development.
Ohio River Scenic Byway - Offers picturesque views of the Ohio River, ideal for scenic drives and photography.
Paramount Arts Center - A performing arts venue located a short drive away in Ashland, hosting various cultural and artistic performances.
The Economy of Raceland, KY
The economy of Raceland, Kentucky, has historically been influenced by its proximity to the Ohio River and the presence of the railroad. While the local economy was once dominated by the railroad industry, it has diversified over the years. Today, Raceland's economy includes small businesses, retail, and services, with a significant portion of its workforce commuting to larger cities nearby for employment. The city benefits from its strategic location near major transportation routes, which facilitates business and commerce.
Raceland, KY Inflation
Understanding the BLS and Inflation in Raceland, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Raceland, 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 Raceland, 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 Raceland, 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 Raceland, 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 Raceland, KY
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