Gilman, IL's Data
About Gilman, IL's
Gilman is a small city located in Iroquois County, Illinois. Established in 1857, it serves as a significant junction where four railroad lines intersect, which historically contributed to its development and growth. The city's layout was designed to accommodate the Illinois Central Railroad, making it an essential hub in the region. Its strategic location has played a pivotal role in its history and continues to influence its community structure.
Things To Do in Gilman, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Gilman, IL
McMillan Park - A popular local park offering recreational facilities and outdoor activities.
Gilman Historical Museum - Showcases local history and the city's development, especially its railroad heritage.
Downtown Gilman - Features a variety of local shops and dining options, reflecting the small-town charm.
Iroquois County Fairgrounds - Hosts annual events including the Iroquois County Fair, drawing visitors and residents for entertainment and cultural activities.
Watseka Theatre - A historic venue nearby Gilman, offering a range of performances and events.
The Economy of Gilman, IL
The economy of Gilman is primarily driven by agriculture, retail, and service industries, reflecting its rural setting and historical ties to the railroad. Local businesses and farming play crucial roles in sustaining the local economy, with agricultural production focusing on corn and soybeans. The presence of major highways and railroads supports local businesses by facilitating the transport of goods and services.
Gilman, IL Inflation
Understanding the BLS and Inflation in Gilman, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Gilman, 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 Gilman, 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 Gilman, 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 Gilman, 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 Gilman, IL
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