Welch, WV's Data
About Welch, WV's
Welch, the county seat of McDowell County, West Virginia, is a city steeped in history and culture. Founded in 1893, Welch became prominent as a hub for the coal mining industry, playing a significant role in the economic and social development of the region. Nestled in the Appalachian Mountains, it offers a picturesque landscape and a glimpse into the rich cultural heritage of West Virginia.
City: Welch
State: West Virginia
Country: United States
Population: Approximately 1,800 as of the latest estimates.
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 Welch, WV
Hike: Here are a couple of local trails to check out!
Local Attractions in Welch, WV
McDowell County Courthouse - A historic building and a symbol of Welch's rich history in the judicial and administrative landscape of the region.
Indian Ridge Trail - A popular spot for hiking and outdoor activities, offering scenic views and a connection to the natural beauty of West Virginia.
Coal Heritage Museum - Exhibits that detail the history of coal mining in McDowell County and the lives of coal miners and their families.
Welch Public Library - A historic library offering resources and services to the community, emphasizing local history.
Pocahontas Exhibition Mine and Museum - A former working mine now serving as a museum and educational site, illustrating the mining culture of the area.
The Economy of Welch, WV
Historically, Welch's economy was heavily dependent on the coal mining industry, which drove population growth and urban development until the late 20th century. In recent decades, the decline in coal production has impacted the local economy significantly. Efforts are being made to diversify economic activities, including small-scale manufacturing, retail, and tourism, focusing on leveraging the area's historical and natural resources.
Welch, WV Inflation
Understanding the BLS and Inflation in Welch, WV
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Welch, 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 Welch, 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 Welch, 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 Welch, 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 Welch, WV
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