Knox City, TX's Data
About Knox City, TX's
Knox City is a small town located in Knox County, Texas, United States. Established in 1887 and incorporated in 1913, Knox City serves as a hub in a primarily agricultural region. The town's development was significantly influenced by the arrival of the Wichita Valley Railroad, which facilitated the transportation of goods and people, fostering economic growth and community development. Knox City is situated at the crossroads of State Highways 6 and 222, providing connectivity to larger cities and contributing to its role as a local commerce center.
Things To Do in Knox City, TX
Hike: Here are a couple of local trails to check out!
Local Attractions in Knox City, TX
Knox City Greyhound Stadium - A local sports venue hosting football games and community events.
Knox Prairie - A natural area offering opportunities for wildlife viewing and outdoor recreation.
Annual Cotton Festival - Celebrating the town's agricultural heritage with events, parades, and community gatherings.
Historic Downtown - Features period architecture and local businesses that provide a glimpse into the town's history.
Knox City Country Club - A local golf course providing recreational facilities and social events for residents.
The Economy of Knox City, TX
The economy of Knox City is predominantly based on agriculture, with a particular focus on cotton farming and cattle ranching. The fertile soil and favorable climate of the region support these activities, making them vital to the local economy. Additionally, the town benefits from its role as a service and retail center for the surrounding farming communities, featuring local businesses that cater to the needs of residents and farmers alike. Economic activities in Knox City also include hunting leases and wildlife tourism, which attract visitors and supplement the agricultural income.
Knox City, TX Inflation
Understanding the BLS and Inflation in Knox City, TX
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Knox City, 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 Knox City, 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 Knox City, 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 Knox City, 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 Knox city, TX
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