Midland, TX's Data
About Midland, TX's
Midland, located in the western part of Texas, serves as the county seat of Midland County. Established in 1881 as a midway point on the Texas and Pacific Railway, Midland has grown substantially from its railroad roots. The city is strategically positioned on the Southern Plains of the state's western area, making it a pivotal hub in the petroleum-rich Permian Basin. Midland's history is deeply intertwined with the oil industry, which has shaped its development and cultural heritage.
Things To Do in Midland, TX
Hike: Here are a couple of local trails to check out!
Local Attractions in Midland, TX
The Petroleum Museum - Offers exhibits on the oil and gas industry and its history in the Permian Basin.
George W. Bush Childhood Home - Historical site that preserves the 1950s home where President George W. Bush spent his childhood.
I-20 Wildlife Preserve - A 30-acre wetland habitat offering walking trails, bird watching, and educational programs.
Museum of the Southwest - Features art, science, and history exhibits focusing on the American Southwest.
Sibley Nature Center - Provides educational programs and nature trails that explore the ecology of the Midland area.
The Economy of Midland, TX
The economy of Midland is predominantly driven by the oil and gas industry, which has been the cornerstone of its economic growth and stability. The city is recognized as a major center in the energy sector, particularly for oil extraction and drilling services. This focus on energy has attracted numerous related businesses, including financial services, equipment suppliers, and technology firms specializing in energy efficiencies and innovations. Additionally, Midland's economy is supported by a growing retail sector, healthcare services, and education, contributing to a diversified economic base.
Midland, TX Inflation
Understanding the BLS and Inflation in Midland, TX
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Midland, 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 Midland, 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 Midland, 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 Midland, 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 Midland, TX
No results found. Please try another search.
Brought to you by
