Russell, KY's Data
About Russell, KY's
Russell is a small city located in Greenup County, Kentucky, along the banks of the Ohio River. The city is part of the Huntington-Ashland metropolitan area, which spans parts of three states: Kentucky, Ohio, and West Virginia. Established in the early 20th century, Russell has a rich history tied to the railroad industry, which was a significant factor in its early development and growth.
Things To Do in Russell, KY
Hike: Here are a couple of local trails to check out!
Local Attractions in Russell, KY
Greenbo Lake State Resort Park - Offers outdoor activities such as fishing, boating, and hiking.
Paramount Arts Center - A historic theater in nearby Ashland, providing cultural events and performances.
Highlands Museum & Discovery Center - Features exhibits on regional history, culture, and science.
Central Park - Located in Ashland, this park is ideal for family outings with its scenic walking paths and recreational facilities.
Russell Railroad Days - An annual event celebrating the city's railroad heritage with activities and displays.
The Economy of Russell, KY
The economy of Russell, Kentucky, has historically been anchored by the railroad industry, with the presence of major rail companies providing numerous jobs and stimulating local businesses. In recent years, the economy has diversified with healthcare, education, and retail playing increasingly important roles. Our Lady of Bellefonte Hospital was a major employer until its closure in 2020, which has shifted economic focus towards other sectors.
Russell, KY Inflation
Understanding the BLS and Inflation in Russell, KY
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Russell, 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 Russell, 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 Russell, 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 Russell, 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 Russell, KY
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