Munford, TN's Data
About Munford, TN's
Munford is a city located in Tipton County, Tennessee, United States. Established in the early 1900s, Munford is known for its rich agricultural history and its development alongside the railroad industry, which significantly contributed to its growth. The city is situated in a strategic location near Memphis, providing residents with a blend of small-town charm and access to larger urban amenities. Munford is recognized for its commitment to community and quality of life, evidenced by its well-maintained parks and active community events.
Things To Do in Munford, TN
Hike: Here are a couple of local trails to check out!
Local Attractions in Munford, TN
Centennial Park - A community park offering recreational facilities, walking trails, and sports fields.
Munford Skate Park - A popular spot for skateboarding enthusiasts of all ages.
Poplar Park - Features a playground, picnic areas, and space for community events.
Valentine Park - Known for its serene environment and well-kept walking paths.
Munford Public Library - A resource center for education and local history.
The Economy of Munford, TN
The economy of Munford is primarily driven by local businesses, agriculture, and retail services. The proximity to major highways and cities like Memphis supports its retail and service sectors, attracting business from surrounding areas. Additionally, Munford benefits from its agricultural roots, with local farms contributing to both the local and regional markets. Educational and health services also play a role in employment and economic stability in the community.
Munford, TN Inflation
Understanding the BLS and Inflation in Munford, TN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Munford, 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 Munford, 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 Munford, 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 Munford, 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 Munford, TN
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