Ivanhoe, TX's Data
About Ivanhoe, TX's
Ivanhoe is a small city located in Fannin County, Texas. Incorporated in 2009, it is one of the newer cities in the state, carved out of a scenic region known for its natural beauty. Situated in northeastern Texas, Ivanhoe is surrounded by lush forests and is close to the Red River, which forms the border between Texas and Oklahoma. The city's establishment aimed to manage local development and maintain the rural charm of the area.
Things To Do in Ivanhoe, TX
Hike: Here are a couple of local trails to check out!
Local Attractions in Ivanhoe, TX
Lake Fannin - A historic and recreational area known for camping, fishing, and hiking trails.
Caddo National Grasslands - Offers outdoor activities such as bird watching, horseback riding, and nature walks.
Heritage Hill Park - A local park that provides a peaceful retreat with picnic areas and walking paths.
Fannin County Museum of History - Showcases the rich history of the region with artifacts and exhibits.
Bonham State Park - Nearby state park featuring a lake, trails, and facilities for various water and land sports.
The Economy of Ivanhoe, TX
The economy of Ivanhoe, Texas, is primarily based on agriculture, local services, and small-scale manufacturing. The region benefits from its rich, fertile land, which supports farming and livestock rearing. Additionally, local businesses cater to the needs of residents and visitors, providing employment opportunities in retail and service sectors. The city's proximity to larger economic hubs also allows for commuting, which diversifies the economic activities of the residents.
Ivanhoe, TX Inflation
Understanding the BLS and Inflation in Ivanhoe, TX
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Ivanhoe, 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 Ivanhoe, 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 Ivanhoe, 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 Ivanhoe, 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 Ivanhoe, TX
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