Lakeland, TN's Data
About Lakeland, TN's
Lakeland is a city located in Shelby County, Tennessee, United States, nestled northeast of Memphis. Established primarily as a resort community in the 1880s, Lakeland has evolved from its origins surrounding recreation and leisure into a thriving suburban enclave. The city is characterized by its scenic lakes, particularly Garner Lake, which is the largest in Shelby County, playing a significant role in the city's development and residential appeal.
Things To Do in Lakeland, TN
Hike: Here are a couple of local trails to check out!
Local Attractions in Lakeland, TN
Garner Lake - A popular destination for boating, fishing, and scenic views, serving as a central recreational spot for residents and visitors.
Stonebridge Golf Course - An 18-hole championship golf course known for its well-kept greens and challenging layout.
Lakeland Factory Outlet Mall - A shopping facility offering a variety of stores and outlets that attract shoppers from across the region.
International Harvester Managerial Park - A historic park that combines natural beauty with recreational facilities, including walking trails and picnic areas.
Lakeland Trails - A network of walking and biking trails that provide outdoor enthusiasts with access to the city's natural landscapes.
The Economy of Lakeland, TN
The economy of Lakeland is predominantly influenced by its proximity to Memphis, benefiting from the larger city's economic landscape. While residential development is a significant economic driver, Lakeland also supports a mix of local businesses and services that cater to the daily needs of its residents. The city's strategic location near major transportation routes further enhances its attractiveness to business ventures and contributes to real estate growth.
Lakeland, TN Inflation
Understanding the BLS and Inflation in Lakeland, TN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lakeland, 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 Lakeland, 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 Lakeland, 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 Lakeland, 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 Lakeland, TN
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