Spring City, TN's Data
About Spring City, TN's
Spring City is a quaint town located in Rhea County, Tennessee. Nestled between Knoxville and Chattanooga along the Tennessee River, this town boasts a rich history intertwined with the development of the Tennessee Valley Authority (TVA) during the Great Depression. Spring City's strategic location along the river has played a pivotal role in its historical and economic development, making it a significant site during the early 20th century.
City: Spring City
State: Tennessee
Country: United States
Population: Approximately 2,000 residents as of the latest estimates.
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Spring City, TN
Hike: Here are a couple of local trails to check out!
Local Attractions in Spring City, TN
Watts Bar Lake - A large reservoir offering boating, fishing, and scenic views.
Watts Bar Dam - A historic hydroelectric dam that provides interesting tours and recreational opportunities.
Piney Falls State Natural Area - A protected area featuring stunning waterfalls and hiking trails.
Arrowhead Resort - A popular destination for camping, cabins, and water activities on the lake.
Rhea Springs Recreation Area - A serene park that provides access to swimming, fishing, and camping.
The Economy of Spring City, TN
The economy of Spring City has traditionally been anchored by the energy sector, particularly due to the presence of the Watts Bar Nuclear Plant. This facility not only provides power but also offers numerous employment opportunities to the local population. Additionally, tourism related to the natural beauty of the surrounding landscapes and recreational activities on Watts Bar Lake contribute to the local economy. Small businesses and retail also play a role in the economic landscape of Spring City.
Spring City, TN Inflation
Understanding the BLS and Inflation in Spring City, TN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Spring City, 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 Spring City, 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 Spring City, 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 Spring City, 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 Spring city, TN
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