Milan, TN's Data
About Milan, TN's
Milan, Tennessee, is a small city located in Gibson County, notable for its rich history and strategic location in West Tennessee. Established in 1858, Milan has played a significant role in the region's development, particularly due to its agricultural heritage and as a former railroad hub. The city's name, pronounced 'MY-lunn', reflects its unique American identity, distinguishing it from its Italian namesake.
Things To Do in Milan, TN
Hike: Here are a couple of local trails to check out!
Local Attractions in Milan, TN
West Tennessee Agricultural Museum - Showcases the agricultural heritage of West Tennessee with historical exhibits and artifacts.
Milan City Park - A large recreational area offering sports facilities, playgrounds, and picnic spots for families and visitors.
Milan Golf & Country Club - Features an 18-hole golf course, providing recreational opportunities for golf enthusiasts.
First Presbyterian Church of Milan - A historical site, representing the rich religious and cultural history of the city.
Milan P.D. Strawther Memorial Library - Serves as a community hub for education and cultural enrichment with a variety of resources and programs.
The Economy of Milan, TN
The economy of Milan, Tennessee, has historically been anchored in agriculture, with a particular emphasis on soybean farming. In recent years, the city has diversified its economic base to include manufacturing and retail sectors. Milan is also home to the Milan Arsenal, an important employer in the area that contributes to the local economy through its military contracts.
Milan, TN Inflation
Understanding the BLS and Inflation in Milan, TN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Milan, 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 Milan, 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 Milan, 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 Milan, 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 Milan, TN
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