Ashland, KY's Data
About Ashland, KY's
Ashland, Kentucky, is a vibrant city located along the banks of the Ohio River in Boyd County. It was founded in 1854 and has a rich history as a major industrial center, particularly in iron processing and steel manufacturing. The city's development was significantly influenced by the Ashland Oil and Refining Company, founded in 1924, which grew to become a major player in the American oil industry. Ashland serves as an important economic and cultural hub in the tri-state area, which includes parts of Kentucky, Ohio, and West Virginia.
Things To Do in Ashland, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Ashland, KY
Paramount Arts Center - A historic theater offering a variety of performances and cultural events.
Central Park - A large urban park providing recreational facilities and annual events like the Winter Wonderland of Lights.
Highlands Museum & Discovery Center - A regional museum focusing on local history, culture, and science exhibits.
Ashland Riverfront - Popular for its scenic views, walking paths, and access to river-based activities.
Poage Landing Days - An annual festival celebrating the city's heritage and community spirit with crafts, food, and entertainment.
The Economy of Ashland, KY
The economy of Ashland has historically been anchored by heavy industry, particularly steel processing and chemical manufacturing. In recent years, there has been a shift towards healthcare, retail, and services, reflecting broader economic transitions. The presence of King's Daughters Medical Center, one of the largest healthcare facilities in the region, underscores this trend. Additionally, the city has been focusing on revitalizing its downtown area to attract more business and tourism.
Ashland, KY Inflation
Understanding the BLS and Inflation in Ashland, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Ashland, KY. 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 Ashland, KY understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Ashland, KY 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 Ashland, KY 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 Ashland, KY
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