Madisonville, KY's Data
About Madisonville, KY's
Madisonville, the county seat of Hopkins County, Kentucky, is a city with a rich historical backdrop and a vibrant community. Founded in 1807, it was named after James Madison, the fourth President of the United States. The city is strategically located in the Pennyrile region of Kentucky, making it a pivotal area during the coal mining boom in the early 20th century. Madisonville is known for its blend of historical charm and modern development, offering a glimpse into both the past and the present of Kentucky.
City: Madisonville
State: Kentucky
Country: United States
Population: Approximately 19,000
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Madisonville, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Madisonville, KY
Madisonville City Park - A large recreational area with sports facilities, walking trails, and a lake for fishing.
Glema Mahr Center for the Arts - Offers a variety of performances, exhibitions, and arts education programs.
Hopkins County Museum and Historical Society - Showcases local history, artifacts, and exhibits related to the region's past.
Mahr Park Arboretum - Features diverse plant species, educational programs, and scenic walking paths.
Ruby Laffoon Cabin - Historical cabin once home to Ruby Laffoon, Kentucky's governor from 1931-1935, preserved as a cultural landmark.
The Economy of Madisonville, KY
The economy of Madisonville has traditionally been anchored by coal mining, which played a significant role in its development. However, in recent years, the city has diversified its economic base to include healthcare, education, and manufacturing. Major healthcare facilities and educational institutions are now prominent employers in the area. Retail and service sectors also contribute to the local economy, supported by the city's role as a regional hub for commerce and healthcare.
Madisonville, KY Inflation
Understanding the BLS and Inflation in Madisonville, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Madisonville, 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 Madisonville, 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 Madisonville, 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 Madisonville, 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 Madisonville, KY
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