Lake Providence, LA's Data
About Lake Providence, LA's
Lake Providence is a town located in East Carroll Parish in northeastern Louisiana, United States. Founded in 1835, the town is named after a natural oxbow lake beside which it is situated. Historically, it served as a significant port on the Mississippi River during the cotton boom. Lake Providence was a strategic site during the American Civil War, and its rich alluvial soil has long supported the region's agriculture-based economy.
City: Lake Providence
State: Louisiana
Country: United States
Population: 3,991
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 Lake Providence, LA
Hike: Here are a couple of local trails to check out!
Local Attractions in Lake Providence, LA
Lake Providence Port - A key site for shipping and receiving goods along the Mississippi River.
Poverty Point Reservoir State Park - Offers fishing, boating, and hiking opportunities.
The Panola Pepper Corporation - Known for producing a variety of hot sauces and condiments.
Louisiana Cotton Museum - Dedicated to the history of cotton farming in the region.
Byerley House - A historic home offering insights into the local history and culture.
The Economy of Lake Providence, LA
The economy of Lake Providence is primarily driven by agriculture, with cotton, corn, and soybeans being the predominant crops. The town's location on the Mississippi River historically made it a crucial transportation and trade hub, although this role has diminished over time. In recent years, efforts have been made to diversify the local economy, including the development of tourism and retail sectors.
Lake Providence, LA Inflation
Understanding the BLS and Inflation in Lake Providence, LA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lake Providence, LA. 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 Lake Providence, LA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Lake Providence, LA 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 Lake Providence, LA 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 Lake providence, LA
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