Coal City, IL's Data
About Coal City, IL's
Coal City is a village located in Grundy County, Illinois, with small portions extending into neighboring Will County. Established in the 19th century, Coal City was named for the coal mines that were the backbone of its economy and played a crucial role in its development. The village is situated approximately 60 miles southwest of Chicago, offering a blend of suburban and rural lifestyles.
Things To Do in Coal City, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Coal City, IL
Carbon Hill School Museum - A museum that preserves the history of the local area, especially focusing on the coal mining era.
Goose Lake Prairie State Natural Area - Offers hiking trails and wildlife viewing, emphasizing conservation and natural beauty.
Midewin National Tallgrass Prairie - A nearby restored prairie that provides a glimpse into the vast landscapes that once covered much of Illinois.
Exelon's Braidwood Generating Station - An educational site for those interested in nuclear power and energy production.
Illinois Route 66 Museum - Located nearby, it showcases the history of the famous Route 66 and its impact on the region.
The Economy of Coal City, IL
Historically, Coal City's economy was heavily reliant on coal mining, which spurred its initial growth and development. Today, the village's economy has diversified, with sectors such as manufacturing, retail, and services playing significant roles. The local businesses and schools are major employers, contributing to the economic stability of the area.
Coal City, IL Inflation
Understanding the BLS and Inflation in Coal City, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Coal City, 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 Coal City, 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 Coal City, 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 Coal City, 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 Coal city, IL
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