Colchester, IL's Data
About Colchester, IL's
Colchester is a small city located in McDonough County, Illinois, United States. Established in 1857, Colchester's history is notably tied to the coal mining industry which significantly influenced its development during the 19th and early 20th centuries. The city's name, inspired by the ancient city of Colchester in England, reflects its founders' heritage. Positioned near larger cities like Macomb, Colchester serves as a quaint residential community with a rich historical backdrop.
City: Colchester
State: Illinois
Country: United States
Population: Approximately 1,400 residents as of the latest estimates.
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 Colchester, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Colchester, IL
Argyle Lake State Park - A nearby recreational area offering fishing, camping, and hiking opportunities.
Colchester District Library - A resource for local history and community events.
Heritage Grand Inn - Known for its hospitality, representing the small-town charm of Colchester.
Wigwam Hollow Bridge - An historic bridge offering picturesque views, popular among local photographers.
Annual Fall Festival - A local festival that celebrates the community's heritage and brings together residents and visitors.
The Economy of Colchester, IL
The economy of Colchester has historically been anchored by coal mining, although the industry's significance has declined over the decades. Today, the city's economy is primarily supported by local businesses, agriculture, and services that cater to the needs of its residents and the surrounding rural areas. The proximity to Western Illinois University in Macomb also influences its economic landscape, providing employment opportunities and fostering a market for retail and service sectors.
Colchester, IL Inflation
Understanding the BLS and Inflation in Colchester, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Colchester, 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 Colchester, 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 Colchester, 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 Colchester, 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 Colchester, IL
No results found. Please try another search.
Brought to you by
