Lexington, VA's Data
About Lexington, VA's
Lexington is an independent city in the Commonwealth of Virginia, known for its rich history and strong educational heritage. Founded in 1778, the city has played a significant role in American history, particularly during the Civil War. It is nestled in the Shenandoah Valley, surrounded by the scenic Blue Ridge Mountains, making it a picturesque location. Lexington is also home to two prestigious universities, Washington and Lee University and the Virginia Military Institute, which contribute to its vibrant cultural scene.
Things To Do in Lexington, VA
Hike: Here are a couple of local trails to check out!
Local Attractions in Lexington, VA
Virginia Military Institute Museum - Showcases military artifacts and the history of the Virginia Military Institute.
Lee Chapel and Museum - A historic chapel and museum dedicated to the life and legacy of Robert E. Lee, located at Washington and Lee University.
Stonewall Jackson House - The restored 19th-century home of Confederate General Stonewall Jackson.
Boxerwood Nature Center & Woodland Garden - A 15-acre preserve featuring a variety of gardens, woodlands, and environmental education programs.
Theater at Lime Kiln - An outdoor theater offering musical performances and plays set in a natural, historic quarry site.
The Economy of Lexington, VA
The economy of Lexington is heavily influenced by its educational institutions, particularly Washington and Lee University and the Virginia Military Institute. These institutions are among the city's largest employers and contribute significantly to the local economy through education and tourism. The presence of these schools attracts businesses and services catering to students and faculty, as well as visitors. Additionally, Lexington benefits from tourism related to its historical sites and outdoor recreational activities in the surrounding area.
Lexington, VA Inflation
Understanding the BLS and Inflation in Lexington, VA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lexington, VA. 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 Lexington, VA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Lexington, VA 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 Lexington, VA 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 Lexington, VA
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