Ridgely, TN's Data
About Ridgely, TN's
Ridgely is a small town located in Lake County, Tennessee. Established in the late 19th century, Ridgely has a rich history closely tied to the development of the surrounding agricultural region. It is situated near the Mississippi River, which has played a significant role in shaping its economic and cultural landscape. The town's proximity to natural resources has historically influenced its growth and development.
Things To Do in Ridgely, TN
Hike: Here are a couple of local trails to check out!
Local Attractions in Ridgely, TN
Reelfoot Lake - A natural lake formed by the New Madrid earthquakes, offering fishing, boating, and bird watching.
Lake County Museum - Showcases local history and culture, with a focus on the agricultural and natural history of the region.
Mississippi River - Provides opportunities for fishing, boating, and scenic views along its banks near Ridgely.
Reelfoot National Wildlife Refuge - A protected area that is home to a diverse range of wildlife and plant species, ideal for nature enthusiasts.
Black Bayou - Offers a serene environment for outdoor activities such as kayaking, hiking, and observing local flora and fauna.
The Economy of Ridgely, TN
The economy of Ridgely is predominantly based on agriculture, with a particular emphasis on cotton farming and other crop production. This sector has been the backbone of Ridgely's economic landscape for many decades. In recent years, there has been a gradual diversification with some development in the retail and service sectors, catering to the local community and visitors.
Ridgely, TN Inflation
Understanding the BLS and Inflation in Ridgely, TN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Ridgely, 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 Ridgely, 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 Ridgely, 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 Ridgely, 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 Ridgely, TN
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