Bement, IL's Data
About Bement, IL's
Bement village, nestled in Piatt County, Illinois, is a small but historically rich community. Established in the mid-19th century, Bement is notable for its role in agricultural development in the region. The village is perhaps best known for hosting the Bryant Cottage State Historic Site, where Abraham Lincoln and Stephen A. Douglas met to plan their famous debates in 1858. This quaint village, located along Route 105, serves as a charming example of small-town Midwestern life.
Things To Do in Bement, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Bement, IL
Bryant Cottage State Historic Site - A historic site commemorating the Lincoln-Douglas debates planning meeting.
Bement Country Opry - A local venue offering live country music performances.
Piatt County Forest Preserve - Offers outdoor recreational activities like hiking, fishing, and picnicking.
Bement Public Library - A resource for education and community events.
Veterans Memorial - A tribute to the military service members from Bement.
The Economy of Bement, IL
The economy of Bement village is primarily driven by agriculture, reflecting its historical roots and geographic setting in the fertile lands of Central Illinois. The local economy benefits from both crop production and related agribusiness activities. Small businesses and services tailored to local residents also play a crucial role in the village's economic landscape. The community's economic activities are supported by its proximity to larger markets like Decatur and Champaign-Urbana, enhancing employment and business opportunities for residents.
Bement, IL Inflation
Understanding the BLS and Inflation in Bement, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Bement, 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 Bement, 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 Bement, 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 Bement, 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 Bement, IL
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