Georgetown, IL's Data
About Georgetown, IL's
Georgetown, Illinois, is a small city located in Vermilion County. It was founded in the early 19th century and has a rich history tied to the development of the surrounding agricultural region. Positioned near the border with Indiana, Georgetown serves as a quaint example of small-town Midwestern America, characterized by its close-knit community and historical architecture.
City: Georgetown
State: Illinois
Country: United States
Population: 3,474
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 Georgetown, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Georgetown, IL
Georgetown Fair - An annual event featuring agricultural shows, rides, and games.
Georgetown Historical Society - Offers insights into the local history and preservation of significant landmarks.
Pinecrest Golf Course - A popular golfing destination for both residents and visitors.
Kennekuk County Park - Located nearby, offering hiking, fishing, and wildlife viewing opportunities.
Vermilion County Museum - Although located in the nearby city of Danville, it is a significant attraction for those interested in the history of the region including Georgetown.
The Economy of Georgetown, IL
The economy of Georgetown, IL, is primarily based on agriculture, local businesses, and services. The region benefits from its agricultural production, particularly in corn and soybeans, which supports local industries and employment. Small businesses and retail outlets form the backbone of its economic landscape, providing jobs and services to the local population.
Georgetown, IL Inflation
Understanding the BLS and Inflation in Georgetown, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Georgetown, 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 Georgetown, 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 Georgetown, 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 Georgetown, 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 Georgetown, IL
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