Madison, WV's Data
About Madison, WV's
Madison is the county seat of Boone County, West Virginia, United States, and serves as a key administrative and cultural hub in the region. Established in the early 20th century, Madison has a rich history closely tied to the coal mining industry which significantly influenced its development. Its strategic location in the heart of the coalfields made it an important town during the coal boom years of West Virginia.
City: Madison
State: West Virginia
Country: United States
Population: 2,762
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 Madison, WV
Hike: Here are a couple of local trails to check out!
Local Attractions in Madison, WV
Boone County Courthouse - A historic building and the center of county government.
Madison City Park - A popular local park offering recreational facilities and community events.
Coal Heritage Trail - Part of a state-wide trail highlighting the history of coal mining in West Virginia.
Water Ways Park - A water park that provides seasonal outdoor entertainment and activities.
Little Coal River Trail - A scenic trail ideal for hiking, biking, and outdoor adventures.
The Economy of Madison, WV
The economy of Madison, West Virginia, has historically been dominated by the coal mining industry. However, in recent years, the city has seen a diversification in its economic base due to the decline in coal production. Retail, healthcare, and education are now significant contributors to the local economy, providing employment and services to the residents. The city also benefits from its role as the county seat, which brings a number of governmental jobs.
Madison, WV Inflation
Understanding the BLS and Inflation in Madison, WV
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Madison, 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 Madison, 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 Madison, 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 Madison, 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 Madison, WV
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