Oakland, TN's Data
About Oakland, TN's
Oakland, Tennessee, is a small town located in Fayette County, approximately 30 miles east of Memphis. Established in 1830, Oakland has grown from a rural community into a suburb with a blend of residential and commercial developments. Its strategic location near major transportation routes has contributed to its growth over the years. The town's history is marked by its development around the railroad industry, which was a significant factor in its early economic expansion.
Things To Do in Oakland, TN
Hike: Here are a couple of local trails to check out!
Local Attractions in Oakland, TN
Fayette County Museum - A museum showcasing local history and culture.
Chickasaw Bluff - A natural landmark offering hiking and scenic views of the surrounding area.
Fair Oaks Golf Club - A popular golf course known for its well-maintained greens and fairways.
Oakland City Park - A community park with sports facilities, playgrounds, and picnic areas.
Wolf River Wildlife Area - A conservation area ideal for bird watching, fishing, and canoeing.
The Economy of Oakland, TN
The economy of Oakland, TN, is primarily driven by its proximity to Memphis, allowing residents to partake in the larger city's economic activities while enjoying a smaller town environment. The local economy benefits from a mix of retail, service industries, and light manufacturing. Recent trends show a growth in residential development, which has spurred local commerce, making it an increasingly attractive place for new businesses looking to capitalize on the town's growth and strategic location.
Oakland, TN Inflation
Understanding the BLS and Inflation in Oakland, TN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Oakland, 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 Oakland, 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 Oakland, 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 Oakland, 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 Oakland, TN
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