Cambridge, IL's Data
About Cambridge, IL's
Cambridge village, located in Henry County, Illinois, serves as the county seat and is a quintessential example of a small Midwestern community. Established in 1843, Cambridge is steeped in history, with its roots deeply embedded in the early development of Illinois. The village's layout and infrastructure reflect its mid-19th century founding, offering a glimpse into the era's architectural styles and urban planning.
Things To Do in Cambridge, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Cambridge, IL
Henry County Courthouse - A historic building constructed in 1880, serving as a key administrative and legal hub.
Richmond Hill Players - A community theater offering a variety of performances in a barn theater setting.
Cambridge Historic District - Encompassing several blocks of the village, showcasing 19th-century architecture and homes.
Cambridge Festival of Lights - An annual event featuring holiday light displays and activities for all ages.
College Square Park - A local park providing recreational facilities and space for community events.
The Economy of Cambridge, IL
The economy of Cambridge village is primarily based on agriculture, small businesses, and local services. As a rural community, it benefits from the agricultural activities surrounding it, including corn and soybean farming. Local businesses, such as retail shops and family-owned restaurants, form the backbone of its economic structure, supporting the community and providing employment opportunities.
Cambridge, IL Inflation
Understanding the BLS and Inflation in Cambridge, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Cambridge, 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 Cambridge, 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 Cambridge, 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 Cambridge, 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 Cambridge, IL
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