Pennington Gap, VA's Data
About Pennington Gap, VA's
Pennington Gap, located in Lee County, Virginia, is the largest town in terms of population within the county. Established in the early 20th century, Pennington Gap has a rich history tied to the coal mining industry, which significantly influenced its development and growth. Nestled in the Appalachian Mountains, the town is named after the Pennington family, one of the area's early settlers, and is characterized by its picturesque landscapes and small-town charm.
City: Pennington Gap
State: Virginia
Country: United States
Population: 1,781
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 Pennington Gap, VA
Hike: Here are a couple of local trails to check out!
Local Attractions in Pennington Gap, VA
Leeman Field Park - A large recreational area offering sports fields, a swimming pool, and picnic facilities.
Stone Mountain Trail - Popular for hiking and offering scenic views of the Appalachian landscape.
Greenway Trail - A walking and biking trail connecting several community facilities.
Pennington Gap Community Center - Hosts various cultural and social events.
Lee Theatre - A historic theater offering regular performances and cultural events.
The Economy of Pennington Gap, VA
The economy of Pennington Gap has traditionally been anchored by coal mining, but has diversified over the years due to the decline in the coal industry. Today, the town's economy includes sectors such as retail, healthcare, and public administration. The presence of the Lee Regional Medical Center provides a stable source of employment and services to the community. Additionally, small businesses and entrepreneurship are increasingly significant to the local economy, reflecting a shift towards more sustainable economic practices.
Pennington Gap, VA Inflation
Understanding the BLS and Inflation in Pennington Gap, VA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Pennington Gap, VA. 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 Pennington Gap, VA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Pennington Gap, VA 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 Pennington Gap, VA 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 Pennington gap, VA
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