Versailles, KY's Data
About Versailles, KY's
Versailles, Kentucky, is a quaint city located in Woodford County and serves as the county seat. Established in 1792 and named after the famous Palace of Versailles in France, the city boasts a rich history deeply rooted in the American frontier and early statehood periods. Versailles is strategically positioned in the heart of the Bluegrass region, renowned for its thoroughbred horse farms and beautiful rural landscapes.
City: Versailles
State: Kentucky
Country: United States
Population: 9,292
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 Versailles, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Versailles, KY
Woodford Reserve Distillery - A historic distillery offering tours and tastings of premium Kentucky Bourbon.
Nostalgia Station Toy Museum - A unique museum featuring an extensive collection of vintage toys and trains.
Bluegrass Scenic Railroad and Museum - Offers scenic train rides and exhibits on railroad history in the region.
Jack Jouett House Historic Site - The home of Revolutionary War hero Jack Jouett, famous for his midnight ride to warn of approaching British troops.
Falling Springs Arts and Recreation Center - A community center providing various recreational, arts, and cultural programs.
The Economy of Versailles, KY
The economy of Versailles is heavily influenced by the equine industry, with numerous thoroughbred horse farms dotting the landscape, contributing significantly to its local economy and culture. Additionally, the city benefits from its proximity to Lexington, facilitating economic activities related to higher education, healthcare, and manufacturing. Tourism also plays a vital role, driven by the city's historic sites, local wineries, and craft distilleries.
Versailles, KY Inflation
Understanding the BLS and Inflation in Versailles, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Versailles, 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 Versailles, 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 Versailles, 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 Versailles, 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 Versailles, KY
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