Cherry Valley, IL's Data
About Cherry Valley, IL's
Cherry Valley is a charming village located in Winnebago County, Illinois, part of the Rockford Metropolitan Statistical Area. Established in the mid-19th century, Cherry Valley quickly developed around a mill and was incorporated in 1857. Known for its rich history and small-town feel, the village has maintained its distinct character through careful preservation of its historic sites and local traditions.
City: Cherry Valley
State: Illinois
Country: United States
Population: Approximately 3,000
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Cherry Valley, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Cherry Valley, IL
CherryVale Mall - A major shopping center with over 130 stores, providing shopping and dining options.
Baumann Park - A scenic park featuring a lake, walking paths, and recreational facilities.
Magic Waters Waterpark - A popular seasonal water park offering various water slides and a wave pool.
Blackhawk Springs Forest Preserve - A large natural area ideal for hiking, fishing, and observing wildlife.
Cherry Valley Festival Days - An annual event celebrating local culture with music, food, and entertainment.
The Economy of Cherry Valley, IL
The economy of Cherry Valley is diverse, with a mix of retail, manufacturing, and service industries. The presence of the CherryVale Mall, a major regional shopping center, bolsters local commerce and provides employment opportunities. Additionally, the village benefits from its proximity to Rockford, allowing residents to partake in the broader economic activities of the larger city.
Cherry Valley, IL Inflation
Understanding the BLS and Inflation in Cherry Valley, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Cherry Valley, 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 Cherry Valley, 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 Cherry Valley, 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 Cherry Valley, 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 Cherry valley, IL
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