Addison, TX's Data
About Addison, TX's
Addison is a town located in Dallas County, Texas, part of the Dallas-Fort Worth metroplex. Known for its unique blend of residential and corporate communities, Addison was incorporated on June 15, 1953. The town is strategically positioned north of Dallas and has a reputation for its vibrant business district and active social scene. Despite its small geographic size, Addison is densely packed with restaurants, shopping centers, and businesses, making it a prominent economic hub in the area.
Things To Do in Addison, TX
Hike: Here are a couple of local trails to check out!
Local Attractions in Addison, TX
Addison Circle Park - Known for hosting events like Addison Kaboom Town! and Oktoberfest.
Cavanaugh Flight Museum - Features a collection of aircraft from various eras, providing insights into aviation history.
WaterTower Theatre - An innovative and intimate theatre offering a variety of performances and productions.
Vitruvian Park - A beautiful park that hosts seasonal events and offers walking trails and outdoor activities.
Galleria Dallas - A large shopping center with a unique ice skating rink and a wide range of retail options.
The Economy of Addison, TX
Addison's economy is robust, characterized by a high concentration of businesses relative to its size. The town is home to over 180 restaurants and 22 hotels, drawing a significant number of visitors and business travelers. Major sectors include service industries, aviation, and information technology, with several multinational corporations choosing Addison as their base of operations. The town's economic landscape is further enhanced by numerous events and conferences hosted throughout the year, contributing to its local economy.
Addison, TX Inflation
Understanding the BLS and Inflation in Addison, TX
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Addison, TX. 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 Addison, TX understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Addison, TX 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 Addison, TX 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 Addison, TX
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