Parsons, TN's Data
About Parsons, TN's
Parsons is a small city located in Decatur County, Tennessee. It was incorporated in 1913 and is named after Judge Joel Parsons, who was instrumental in the city's establishment. Situated in the western part of the state, Parsons is characterized by its rich history and close-knit community. The city serves as a hub for local commerce and culture in the rural areas surrounding it, providing a glimpse into the traditional lifestyle of western Tennessee.
Things To Do in Parsons, TN
Hike: Here are a couple of local trails to check out!
Local Attractions in Parsons, TN
Decatur County Museum - Showcases local history and cultural heritage.
Tennessee River - Popular for boating, fishing, and scenic views.
Beech River Heritage Museum - Offers insights into the regional history and environment.
Parsons City Park - A recreational area with facilities for sports and family gatherings.
Cub Lake - A nearby natural attraction ideal for outdoor activities and relaxation.
The Economy of Parsons, TN
The economy of Parsons is primarily driven by local businesses, including retail shops, restaurants, and service providers. The city benefits from its strategic location along major highways, which facilitates regional trade and attracts visitors. Additionally, Parsons has seen some industrial activity, with manufacturing facilities contributing to local employment. The healthcare sector also plays a significant role in the city's economy, with the Decatur County General Hospital providing jobs and essential services to the community.
Parsons, TN Inflation
Understanding the BLS and Inflation in Parsons, TN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Parsons, 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 Parsons, 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 Parsons, 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 Parsons, 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 Parsons, TN
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