Algood, TN's Data
About Algood, TN's
Algood is a small city located in Putnam County, Tennessee. It is part of the Cookeville, Tennessee Micropolitan Statistical Area. Algood was incorporated in 1911 and has grown around its strategic location along major transportation routes. The city's name is derived from the Algood family, who were prominent in the area during its early development. Algood's proximity to Cookeville and its location along the Tennessee Central Railway have been significant in its historical and economic development.
Things To Do in Algood, TN
Hike: Here are a couple of local trails to check out!
Local Attractions in Algood, TN
Algood City Park - A community park offering playgrounds, sports fields, and walking trails.
White Plains Golf Course - An 18-hole golf course known for its scenic views and challenging layout.
Cane Creek Park - A larger park in nearby Cookeville, featuring a lake, picnic areas, and various recreational activities.
Tennessee Central Trail - A trail ideal for hiking and biking, showcasing the natural beauty of the region.
Cookeville History Museum - Located nearby, this museum provides insights into the historical development of the Putnam County area.
The Economy of Algood, TN
The economy of Algood is closely tied to regional economic activities, particularly those of nearby Cookeville. Key sectors include retail, healthcare, and education, supported by the presence of small businesses and regional service providers. The city benefits from its location near Tennessee Technological University in Cookeville, which contributes to the local economy through education and employment opportunities. Algood's economy is also influenced by its position along major highways, facilitating trade and logistics operations.
Algood, TN Inflation
Understanding the BLS and Inflation in Algood, TN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Algood, TN. 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 Algood, TN understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Algood, TN 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 Algood, TN 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 Algood, TN
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