Spearman, TX's Data
About Spearman, TX's
Spearman, Texas, is a small city located in Hansford County in the northern part of the state. Established in 1917, Spearman replaced Hansford as the county seat and rapidly developed around the agriculture and oil industries. The city is characterized by its rich history and role as a regional agricultural hub, nestled in the heart of the High Plains region, known for its vast and scenic landscapes.
Things To Do in Spearman, TX
Hike: Here are a couple of local trails to check out!
Local Attractions in Spearman, TX
Stationmaster's House Museum - A historical museum set in the restored 1928 Atchison, Topeka and Santa Fe Railway stationmaster's house.
J.B. Buchanan Windmill Park - A collection of historic windmills, celebrating Spearman's agricultural and pioneering spirit.
Hansford County Library - Offers a wealth of resources and programs, serving as a community hub for education and culture.
Hansford County Courthouse - An architecturally significant building and the center of county government, dating back to the early 20th century.
Palo Duro River Park - A local park offering outdoor recreational activities such as hiking, picnicking, and fishing along the scenic Palo Duro River.
The Economy of Spearman, TX
The economy of Spearman is predominantly based on agriculture, particularly the cultivation of crops like corn and wheat, and cattle ranching. Additionally, the local economy benefits from its involvement in the energy sector, including oil and natural gas extraction. Spearman's economic landscape is bolstered by several local businesses that cater to the needs of its residents and the surrounding rural area.
Spearman, TX Inflation
Understanding the BLS and Inflation in Spearman, TX
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Spearman, 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 Spearman, 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 Spearman, 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 Spearman, 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 Spearman, TX
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