Gibson City, IL's Data
About Gibson City, IL's
Gibson City, located in Ford County, Illinois, serves as a quintessential example of small-town America with a rich history and a close-knit community. Originally established in the 1870s, the city was named after its founder, Jonathan B. Lott's wife's maiden name. Gibson City lies in the heart of Illinois, characterized by its traditional Midwestern landscape and agricultural surroundings. Over the years, it has maintained its historical charm while adapting to the needs of its residents.
City: Gibson City
State: Illinois
Country: United States
Population: Approximately 3,400 as of the latest census data.
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 Gibson City, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Gibson City, IL
Railside Golf Club - A popular golf course known for its well-maintained greens and friendly atmosphere.
The Harvest Moon Twin Drive-In Movie Theatre - A historic drive-in theater offering a nostalgic movie-going experience.
North Park - A community park featuring playgrounds, sports facilities, and picnic areas, ideal for family outings.
Gibson Area Hospital - Not only a medical facility but also a site of community events and health fairs.
Downtown Gibson City - Offers a glimpse into local life with its small shops, eateries, and seasonal farmer's market.
The Economy of Gibson City, IL
The economy of Gibson City is predominantly based on agriculture, reflecting its location in one of the most productive farming regions of Illinois. The city benefits from its agricultural businesses, including grain farming and related industries. In addition to agriculture, Gibson City has a mix of local businesses and services that cater to the needs of its residents and the surrounding rural area. The presence of local healthcare facilities and educational institutions also contributes to the local economy.
Gibson City, IL Inflation
Understanding the BLS and Inflation in Gibson City, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Gibson City, 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 Gibson City, 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 Gibson City, 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 Gibson City, 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 Gibson city, IL
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