Providence, KY's Data
About Providence, KY's
Providence, Kentucky, is a small city located in Webster County. Established in 1840 and incorporated in 1860, Providence evolved from a mining town to a community with a rich historical background. The city's name was inspired by the religious term 'Divine Providence', reflecting the founders' faith. Situated in the western part of Kentucky, it played a significant role in the coal mining industry, which prominently shaped its development and local culture.
City: Providence
State: Kentucky
Country: United States
Population: Approximately 3,100
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 Providence, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Providence, KY
Providence City Park - A local park offering recreational facilities and outdoor activities for families and visitors.
Webster County Coal Monument - A monument commemorating the coal mining history of Webster County.
Caseyville Boat Dock - Located nearby, offering boating and fishing opportunities on the Ohio River.
Tradewater Pirates Baseball - A local baseball team providing seasonal entertainment and community events.
Webster County Fairgrounds - Hosts annual events including fairs, exhibitions, and community gatherings.
The Economy of Providence, KY
The economy of Providence, historically reliant on coal mining, has diversified over the years. While the decline of coal industries affected the local economy, efforts have been made to revitalize and broaden economic opportunities. Current economic activities include small-scale manufacturing, retail, and services that cater to the needs of its residents and the surrounding rural areas. The city has also seen some development in the healthcare sector, providing jobs and supporting the local economy.
Providence, KY Inflation
Understanding the BLS and Inflation in Providence, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Providence, 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 Providence, 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 Providence, 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 Providence, 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 Providence, KY
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