Memphis, MO's Data
About Memphis, MO's
Memphis, Missouri, is a small city located in Scotland County in the northeastern part of the state. Established in 1843, Memphis serves as the county seat and has a rich history tied to the early settlement and development of the region. The city's layout and growth were influenced by its position as a local agricultural hub, which continues to impact its cultural and economic landscape today.
Things To Do in Memphis, MO
Hike: Here are a couple of local trails to check out!
Local Attractions in Memphis, MO
Downing House Museum - A historic home offering insights into the local history and architecture of the 19th century.
Lake Show Me - A popular recreational spot for fishing, boating, and picnicking.
Scotland County Courthouse - An architecturally significant building and the center of county government.
Memphis City Park - Offers outdoor activities including playgrounds, walking trails, and sports facilities.
Antique Fair - An annual event that attracts visitors with a variety of vintage goods and collectibles.
The Economy of Memphis, MO
The economy of Memphis, Missouri, is predominantly based on agriculture, reflecting its location in a region known for farming and livestock rearing. Local businesses and services cater to the needs of the agricultural community and the rural population of the area. Additionally, Memphis benefits from its role as the administrative center of Scotland County, which supports employment in government and public services.
Memphis, MO Inflation
Understanding the BLS and Inflation in Memphis, MO
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Memphis, MO. 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 Memphis, MO understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Memphis, MO 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 Memphis, MO 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 Memphis, MO
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