Rhome, TX's Data
About Rhome, TX's
Rhome, Texas, is a small city located in Wise County, part of the Dallas-Fort Worth metroplex. Established in the late 19th century, Rhome has a rich history tied to the railway industry, which was instrumental in its development. The city's strategic position near major transportation routes has shaped its growth and development over the years.
Things To Do in Rhome, TX
Hike: Here are a couple of local trails to check out!
Local Attractions in Rhome, TX
Family Park - A community park offering playgrounds, picnic areas, and sports facilities.
Rhome Veterans Park - A memorial park dedicated to veterans, featuring walking paths and commemorative plaques.
Prairie Point - A natural area ideal for hiking, bird watching, and enjoying the local flora and fauna.
Wise County Heritage Museum - A museum nearby in Decatur that offers insights into the local history and culture of Wise County.
Eagle Mountain Lake - Located a short drive away, this lake is popular for fishing, boating, and water sports.
The Economy of Rhome, TX
The economy of Rhome is primarily driven by its proximity to the larger Dallas-Fort Worth economic hub. Local businesses and industries benefit from access to major highways, which facilitates trade and logistics operations. The city's economy is also supported by local services, retail, and a growing residential sector, catering to people who commute to work in the surrounding urban areas.
Rhome, TX Inflation
Understanding the BLS and Inflation in Rhome, TX
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Rhome, 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 Rhome, 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 Rhome, 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 Rhome, 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 Rhome, TX
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