Geneseo, IL's Data
About Geneseo, IL's
Geneseo is a small city located in Henry County, Illinois. Known for its rich history and well-preserved Victorian-style architecture, Geneseo was founded in 1836 by a group of settlers from Geneseo, New York. The city's layout was designed around a central square, which is a common feature in many small towns of the Midwest. This charming city is often recognized for its commitment to preserving its historic roots while fostering a close-knit community atmosphere.
Things To Do in Geneseo, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Geneseo, IL
Geneseo Historical Museum - Offers exhibits on the history of the city and the region, housed in a 19th-century home.
Richmond Hill Park - A large recreational area with facilities for sports, a theater, and walking trails.
Maple City Candy - A popular local candy store known for its handmade confections and chocolates.
Geneseo Prairie Park - Features natural prairie landscapes, ideal for nature walks and wildlife observation.
Geneseo Brewing Co. - A local brewery offering craft beers with a taproom for tastings and tours.
The Economy of Geneseo, IL
The economy of Geneseo is diversified, with a mix of manufacturing, retail, and service industries. Major economic drivers include local manufacturing firms that produce a range of products from automotive parts to agricultural equipment. The city also benefits from its proximity to larger markets such as the Quad Cities, which enhances its economic landscape by providing additional employment opportunities and markets for local businesses. Tourism, spurred by the city's historic sites and annual festivals, also plays a role in the local economy.
Geneseo, IL Inflation
Understanding the BLS and Inflation in Geneseo, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Geneseo, 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 Geneseo, 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 Geneseo, 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 Geneseo, 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 Geneseo, IL
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