Mount Hope, WV's Data
About Mount Hope, WV's
Mount Hope is a city located in Fayette County, West Virginia. Known for its rich history in the coal mining industry, Mount Hope offers a glimpse into the early 20th-century Appalachian coal boom. Established formally in 1895, the city thrived as a coal mining hub until the mid-20th century. Today, Mount Hope is recognized for its efforts in preserving its historical heritage and adapting to new economic realities.
City: Mount Hope
State: West Virginia
Country: United States
Population: Approximately 1,400 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 Mount Hope, WV
Hike: Here are a couple of local trails to check out!
Local Attractions in Mount Hope, WV
DuBois on Main - A museum dedicated to the African American community's history in the coalfields.
Historic Mount Hope - A district with numerous early 20th-century buildings reflecting the coal boom era.
New River Gorge National Park and Preserve - Nearby park offering outdoor recreational activities like hiking, fishing, and rafting.
Summit Bechtel Reserve - A large scouting reserve hosting national and international scouting events.
Tamarack Marketplace - A showcase of West Virginia's artisan and craft talents, located a short drive away.
The Economy of Mount Hope, WV
The economy of Mount Hope has transitioned from its historical reliance on coal mining to embracing service industries, retail, and local entrepreneurship. Although the mining industry once dominated, the city has diversified to include small businesses and tourism, which capitalize on the region's natural beauty and historical significance. Efforts for economic revitalization include community development projects and promoting local attractions.
Mount Hope, WV Inflation
Understanding the BLS and Inflation in Mount Hope, WV
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Mount Hope, 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 Mount Hope, 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 Mount Hope, 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 Mount Hope, 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 Mount hope, WV
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