Assumption, IL's Data
About Assumption, IL's
Assumption is a small city located in Christian County, Illinois. Established in 1858, Assumption was named after the Catholic feast of the Assumption. Its geographical position in Central Illinois has historically made it a significant agricultural hub. The city's development was further influenced by the arrival of the railroad, which facilitated the transport of local agricultural products to larger markets.
City: Assumption
State: Illinois
Country: United States
Population: 1,168
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 Assumption, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Assumption, IL
Assumption Historical Society Museum - Exhibits local history artifacts and documents.
Manners Park - A large recreational area with facilities for picnics and sports.
Christian County Agricultural Fair - Held annually, showcasing local agriculture and crafts.
Lake Taylorville - Located nearby, offers boating, fishing, and hiking opportunities.
Pana Tri-County Fair - Features events, entertainment, and activities drawing visitors from surrounding counties.
The Economy of Assumption, IL
The economy of Assumption is primarily driven by agriculture, reflecting its history and geographical location in one of the most fertile regions of the United States. Key crops include corn and soybeans. The city's economy is also supported by local businesses and services that cater to the needs of its residents and the surrounding farming community.
Assumption, IL Inflation
Understanding the BLS and Inflation in Assumption, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Assumption, IL. 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 Assumption, IL understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Assumption, IL 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 Assumption, IL 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 Assumption, IL
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