Canton, IL's Data
About Canton, IL's
Canton is a city located in Fulton County, Illinois. Established in 1825, this city has a rich heritage and has grown around the central square of Jones Park. Canton is known for its historical significance in the region, particularly in the context of the Illinois coal mining industry. It played a pivotal role during the industrial expansion in the late 19th and early 20th centuries.
Things To Do in Canton, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Canton, IL
Big Creek Park - A scenic park offering hiking trails, fishing, and picnic areas.
Canton Area Heritage Center - Museum showcasing the history of Canton and surrounding areas.
Wallace Park - A large recreational area with facilities for sports, playgrounds, and a pond.
Lakeland Park - Features a lake for fishing and boating, trails, and sports courts.
Parlin-Ingersoll Public Library - Historical library with a robust collection and community programs.
The Economy of Canton, IL
The economy of Canton has historically been anchored by manufacturing and agriculture. In recent years, the city has seen a diversification in its economic base, including retail and healthcare services. The presence of companies like Cook Medical, which manufactures medical devices, has also bolstered the local economy, providing employment opportunities and stimulating economic growth.
Canton, IL Inflation
Understanding the BLS and Inflation in Canton, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Canton, 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 Canton, 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 Canton, 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 Canton, 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 Canton, IL
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