Chatham, IL's Data
About Chatham, IL's
Chatham village is a charming community located in Sangamon County, Illinois, part of the Springfield Metropolitan Statistical Area. Established in the early 19th century, Chatham has grown from a small farming community to a vibrant suburban area with a rich cultural and historical heritage. Its proximity to Springfield, the state capital, enhances its significance as a residential and commuter town, providing residents with a blend of small-town feel and access to urban amenities.
Things To Do in Chatham, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Chatham, IL
Chatham Railroad Museum - Showcases the history of railroads in the region through artifacts and exhibits.
Chatham Community Park - A large recreational area offering sports fields, walking trails, and picnic facilities.
Chatham Public Library - Serves as a community hub for learning and cultural activities, providing various resources and programs.
Lake Springfield - Nearby lake providing opportunities for boating, fishing, and scenic views.
Knight's Action Park - Located in nearby Springfield, offering water slides, a wave pool, and other family-friendly activities.
The Economy of Chatham, IL
The economy of Chatham village is predominantly influenced by its role as a residential suburb of Springfield. Local businesses, retail, and services cater primarily to the needs of the residents. The village benefits from its proximity to larger markets in Springfield, with many residents commuting to the city for work. Education and healthcare are also significant sectors, contributing to local employment and economic stability.
Chatham, IL Inflation
Understanding the BLS and Inflation in Chatham, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Chatham, 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 Chatham, 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 Chatham, 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 Chatham, 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 Chatham, IL
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