Nevada, TX's Data
About Nevada, TX's
Nevada, Texas is a small, charming city located in Collin County. Established in the late 19th century, Nevada has retained a quaint, rural atmosphere despite its proximity to the bustling Dallas-Fort Worth metroplex. The city's history is deeply rooted in agriculture and local community values, which is reflected in the preservation of its historical sites and the way of life of its residents.
Things To Do in Nevada, TX
Hike: Here are a couple of local trails to check out!
Local Attractions in Nevada, TX
Nevada Community Park - A local park offering recreational facilities and open spaces for community events and personal leisure.
Audie Murphy American Cotton Museum - Located nearby in Greenville, this museum celebrates the history of cotton farming and its impact on the region, along with exhibits on Audie Murphy, a local war hero.
Lake Lavon - A large reservoir offering boating, fishing, and camping opportunities, popular among residents and visitors alike.
Historic Downtown Nevada - Featuring period architecture and local businesses, providing a glimpse into the city's past and present.
Collin County Farm Museum - Located in McKinney, this museum offers insights into the agricultural history of the area, with educational programs and exhibits.
The Economy of Nevada, TX
The economy of Nevada, Texas is primarily based on agriculture, with a significant emphasis on livestock and crop farming. The city's rural setting supports a number of local farms and ranches, which contribute to its economy. Additionally, its proximity to larger cities allows for some diversification with residents often commuting to nearby urban centers for employment, thereby integrating Nevada into the broader economic activities of the region.
Nevada, TX Inflation
Understanding the BLS and Inflation in Nevada, TX
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Nevada, 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 Nevada, 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 Nevada, 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 Nevada, 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 Nevada, TX
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