Galesburg, IL's Data
About Galesburg, IL's
Galesburg is a city in Knox County, Illinois, United States. Founded in 1837 by George Washington Gale and a group of fellow New Yorkers, the city has a rich history rooted in the anti-slavery movement and was a stop on the Underground Railroad. Galesburg is notably home to Knox College, a private liberal arts college founded by Gale, which hosted one of the famous Lincoln-Douglas debates in 1858. Situated approximately 50 miles northwest of Peoria, Galesburg offers a blend of historical charm and modern development.
Things To Do in Galesburg, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Galesburg, IL
Knox College - A historic liberal arts college where one of the Lincoln-Douglas debates took place.
Discovery Depot Children's Museum - A hands-on museum focused on interactive educational experiences for children.
Galesburg Railroad Museum - Offers exhibits on the rich railroad history of the city and the region.
Lake Storey - A recreational area with opportunities for boating, fishing, and picnicking.
The Orpheum Theatre - A historic venue offering a variety of performances and cultural events.
The Economy of Galesburg, IL
The economy of Galesburg has historically been anchored by the railroad industry, with significant contributions from manufacturing and logistics due to its strategic location near major rail lines. In recent decades, the city has diversified its economic base to include education, healthcare, and retail services. The presence of Knox College also provides a stable economic impact through education and associated activities.
Galesburg, IL Inflation
Understanding the BLS and Inflation in Galesburg, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Galesburg, 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 Galesburg, 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 Galesburg, 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 Galesburg, 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 Galesburg, IL
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