Decatur, IL's Data
About Decatur, IL's
Decatur is a city situated in the state of Illinois, within Macon County, where it serves as the county seat. Known for its rich history, Decatur was founded in 1829 and named after naval hero Stephen Decatur. The city's location along the Sangamon River and Lake Decatur has been integral to its development and historical significance, particularly in agriculture and manufacturing. Decatur is often referred to as the 'Soybean Capital of the World' due to its pivotal role in the processing of soybeans.
Things To Do in Decatur, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Decatur, IL
Children's Museum of Illinois - A hands-on museum designed to stimulate children's curiosity and learning through interactive exhibits.
Scovill Zoo - A small community zoo that features a variety of animals and educational programs.
Kirkland Fine Arts Center - Located on the campus of Millikin University, offering performances and cultural events.
Rock Springs Conservation Area - A natural preserve offering hiking trails, wildlife viewing, and environmental education.
Decatur Civic Center - A hub for local events, including concerts, sports, and conventions.
The Economy of Decatur, IL
Decatur's economy has historically been driven by agriculture, particularly corn and soybean processing, and it is a major center for agricultural commodity trading. The presence of large companies like Archer Daniels Midland (ADM) and Caterpillar has bolstered its economic landscape. In recent years, efforts have been made to diversify the economy, including developments in the biomedical field and the logistics sector, capitalizing on Decatur's central location and extensive transportation network.
Decatur, IL Inflation
Understanding the BLS and Inflation in Decatur, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Decatur, 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 Decatur, 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 Decatur, 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 Decatur, 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 Decatur, IL
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