Mayfield, KY's Data
About Mayfield, KY's
Mayfield is a city located in Graves County, Kentucky, and serves as the county seat. Established in 1821, the city is steeped in history, with its roots tracing back to the early 19th century. Mayfield is known for its rich cultural heritage and its role in the historical context of Western Kentucky. The city's layout and development were significantly influenced by the railroad industry in the 19th and early 20th centuries, which helped shape its economic landscape.
Things To Do in Mayfield, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Mayfield, KY
Ice House Museum - Showcases local history and artifacts from Mayfield's past.
Wooldridge Monuments - A unique set of statues in Maplewood Cemetery commemorating the family of Colonel Henry Wooldridge.
Kess Creek Park - Offers walking trails, sports facilities, and a playground, ideal for family outings.
Mayfield Graves County Fairgrounds - Host to the annual county fair, providing entertainment and cultural events.
Downtown Mayfield - Features historic buildings, local dining, and shopping, reflecting the city's charm and heritage.
The Economy of Mayfield, KY
The economy of Mayfield, Kentucky, has historically been anchored in agriculture, particularly in the cultivation of tobacco and soybeans. In recent decades, the city has seen a diversification of its economic base. Manufacturing plays a significant role, with factories producing automotive parts and other manufactured goods. The presence of such industries has helped stabilize the local economy and provide employment opportunities for residents.
Mayfield, KY Inflation
Understanding the BLS and Inflation in Mayfield, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Mayfield, 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 Mayfield, 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 Mayfield, 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 Mayfield, 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 Mayfield, KY
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