Braidwood, IL's Data
About Braidwood, IL's
Braidwood, Illinois, is a small city located in Will County, approximately 53 miles southwest of Chicago. Founded in 1865 during the coal boom, Braidwood grew rapidly as it became a significant coal mining center in the region. The city's history is deeply intertwined with the coal industry, which attracted a diverse population of immigrants seeking employment in the mines. Today, Braidwood reflects a blend of its historical roots and modern developments, maintaining a small-town charm while being part of the larger Chicago metropolitan area.
Things To Do in Braidwood, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Braidwood, IL
Braidwood Lake - A popular spot for fishing, boating, and picnicking, known for its stocked fish and accessible facilities.
Godley Park District - Offers recreational programs, sports fields, and community events, serving as a social hub for residents.
Polk-A-Dot Drive In - An iconic 1950s-themed diner that attracts visitors with its nostalgic decor and classic American cuisine.
Reed-Custer State Wildlife Area - A natural area ideal for wildlife observation, hiking, and enjoying the tranquility of nature.
Route 66 Raceway - Located nearby, this drag racing strip hosts various motorsport events, drawing enthusiasts from across the region.
The Economy of Braidwood, IL
The economy of Braidwood has evolved significantly since its coal mining days. While the coal industry once dominated, the local economy now includes a mix of manufacturing, retail, and service industries. The proximity to major highways and cities like Chicago supports its economic base, providing employment opportunities both within and outside the city. Additionally, Braidwood benefits from tourism related to its historical sites and outdoor recreational activities, particularly fishing and boating at the nearby Braidwood Lake.
Braidwood, IL Inflation
Understanding the BLS and Inflation in Braidwood, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Braidwood, 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 Braidwood, 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 Braidwood, 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 Braidwood, 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 Braidwood, IL
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