Duncan, OK's Data
About Duncan, OK's
Duncan is a city located in Stephens County, Oklahoma, known for its rich history in the oil industry and as a hub for agricultural activities. Founded during the Oklahoma Land Rush in the late 19th century, Duncan quickly became a focal point due to its strategic location along the Chisholm Trail. The city experienced significant growth with the discovery of oil in the early 20th century, which attracted workers and contributed to its economic development.
Things To Do in Duncan, OK
Hike: Here are a couple of local trails to check out!
Local Attractions in Duncan, OK
Chisholm Trail Heritage Center - A museum dedicated to the history of the famous cattle trail with interactive exhibits and art.
Duncan Little Theatre - A community theater offering live performances and cultural events.
The Foreman Prairie House - A historic home showcasing early 20th-century architecture and lifestyle.
Stephens County Historical Museum - Exhibits on local history, including Native American artifacts and oil industry memorabilia.
Fuqua Park - A recreational area featuring a lake, picnic areas, and a playground.
The Economy of Duncan, OK
The economy of Duncan is historically rooted in the oil and agricultural sectors. The city has diversified over the years, incorporating manufacturing, retail, and healthcare services. Major employers include Halliburton and a variety of small businesses that support the local economy. In recent years, Duncan has seen growth in its tourism sector, driven by its rich history and local festivals.
Duncan, OK Inflation
Understanding the BLS and Inflation in Duncan, OK
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Duncan, OK. 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 Duncan, OK understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Duncan, OK 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 Duncan, OK 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 Duncan, OK
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