Monahans, TX's Data
About Monahans, TX's
Monahans, located in Ward County, Texas, serves as a charming example of a small, vibrant community in the Permian Basin region. Established in the late 19th century as a water stop on the Texas and Pacific Railway, the city was named after Thomas John Monahan, a railroad civil engineer. Its history is deeply intertwined with the oil and ranching industries, which spurred its development and growth throughout the 20th century. Monahans' unique geographical feature, the Monahans Sandhills State Park, highlights its connection to the natural environment of West Texas.
Things To Do in Monahans, TX
Hike: Here are a couple of local trails to check out!
Local Attractions in Monahans, TX
Monahans Sandhills State Park - Offers unique sand dune experiences and recreational activities such as sand surfing and hiking.
Million Barrel Museum - An oil museum that showcases the history of the oil boom in the Permian Basin with a giant oil tank.
Ward County Courthouse - Historic courthouse featuring classic architecture and a rich history of the region.
Rattlesnake Bomber Base Museum - Dedicated to the history of the local World War II military base and its role in the war effort.
Monahans Sandhills Disc Golf Course - A challenging disc golf course set against the scenic backdrop of sand dunes.
The Economy of Monahans, TX
The economy of Monahans is primarily driven by the oil and gas industry, reflecting the broader economic activities of the Permian Basin, one of the most productive oil-producing areas in the United States. Additionally, local government, education, and retail services play significant roles in supporting the local economy. The presence of natural resources has historically provided stability and opportunities for growth in this small Texan city.
Monahans, TX Inflation
Understanding the BLS and Inflation in Monahans, TX
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Monahans, TX. 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 Monahans, TX understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Monahans, TX 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 Monahans, TX 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 Monahans, TX
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