Carthage, TX's Data
About Carthage, TX's
Carthage is a charming city located in the heart of East Texas and serves as the county seat of Panola County. Established in 1848, Carthage is known for its rich history which includes a significant role in the oil industry. The city is situated at the crossroads of U.S. highways 59 and 79, making it a pivotal hub in the region. Carthage is also renowned for its deep musical roots, particularly in country music, and is home to the Texas Country Music Hall of Fame.
Things To Do in Carthage, TX
Hike: Here are a couple of local trails to check out!
Local Attractions in Carthage, TX
Texas Country Music Hall of Fame - Museum dedicated to preserving and promoting the heritage of Texas country music.
Panola County Heritage Museum - Features exhibits on local history, including the oil industry and cultural artifacts.
Jim Reeves Memorial - Site commemorating the famous country music singer who was born in the area.
Carthage Historic Downtown - Offers a picturesque view of historic buildings and local shops.
Martin Creek Lake State Park - A popular spot for fishing, camping, and hiking, located just a short drive from Carthage.
The Economy of Carthage, TX
The economy of Carthage is diverse, with a strong emphasis on oil, agriculture, and manufacturing. The discovery of the East Texas Oil Field in the early 20th century transformed the city into an economic hotspot. Today, Carthage benefits from a mix of local businesses and industries, including educational services, health care, and retail. The presence of Panola College also contributes to the local economy through education and workforce development.
Carthage, TX Inflation
Understanding the BLS and Inflation in Carthage, TX
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Carthage, 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 Carthage, 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 Carthage, 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 Carthage, 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 Carthage, TX
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