Fairmont, WV's Data
About Fairmont, WV's
Fairmont is a city nestled in Marion County, West Virginia, known for its rich history and strategic location along the Monongahela River. Established in 1820, the city originally flourished as a quiet farming community and later transformed into a bustling hub during the coal mining boom in the early 20th century. Fairmont is recognized for its historical architecture, particularly in the downtown area, which reflects the prosperity of its coal heritage.
City: Fairmont
State: West Virginia
Country: United States
Population: 18500
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 Fairmont, WV
Hike: Here are a couple of local trails to check out!
Local Attractions in Fairmont, WV
Prickett's Fort State Park - A historical park featuring a reconstructed 18th-century fort, offering insights into frontier life.
Palatine Park - A vibrant riverside park hosting community events, concerts, and recreational activities.
Marion County Historical Society - Museum detailing local history, housed in a former 1912 courthouse.
Valley Worlds of Fun - A family entertainment center with a variety of games, rides, and activities for all ages.
East Marion Park - A large park with sports facilities, walking trails, and a veterans memorial.
The Economy of Fairmont, WV
Fairmont's economy has evolved significantly from its coal-mining roots. Today, the city benefits from a diverse economic base, with technology, healthcare, and education leading the charge. The presence of technology firms such as NASA's Independent Verification and Validation Facility, and the Fairmont State University, contribute significantly to the local economy. The healthcare sector is bolstered by facilities like Fairmont Medical Center, providing employment and services to the region.
Fairmont, WV Inflation
Understanding the BLS and Inflation in Fairmont, WV
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Fairmont, WV. 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 Fairmont, WV understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Fairmont, WV 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 Fairmont, WV 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 Fairmont, WV
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