Chenoa, IL's Data
About Chenoa, IL's
Chenoa is a small city located in McLean County, Illinois, at the intersection of Interstate 55 and U.S. Route 24. Established in 1854 with the construction of the railroad through the area, Chenoa was originally a hub for agricultural trade and transport. The city's name, believed to be derived from the American Indian word for 'Kentucky', reflects its historical roots and the influence of early settlers. Chenoa's rich history is preserved in its architecture and local traditions, making it a quintessential example of a Midwestern small town.
Things To Do in Chenoa, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Chenoa, IL
Matthew T. Scott House - A historic residence built in 1855, showcasing 19th-century architecture and design.
Chenoa Township Park - A popular recreational spot offering playgrounds, sports facilities, and picnic areas.
Downtown Chenoa - Features a variety of local shops and dining options, reflecting the small-town charm of the area.
Chenoa City Pool - A community pool providing seasonal swimming and water activities for families and visitors.
Prairie Central Railway - Offers scenic train rides through the surrounding countryside, highlighting the region's agricultural heritage.
The Economy of Chenoa, IL
The economy of Chenoa is primarily based on agriculture, reflecting its location in one of the most productive farming regions in the United States. The city benefits from its strategic position at major transportation crossroads, which supports local businesses and facilitates trade. In recent years, Chenoa has also seen developments in local retail and services, catering to both residents and travelers passing through the area.
Chenoa, IL Inflation
Understanding the BLS and Inflation in Chenoa, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Chenoa, 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 Chenoa, 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 Chenoa, 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 Chenoa, 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 Chenoa, IL
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