Hamilton, IL's Data
About Hamilton, IL's
Hamilton, Illinois, is a small city situated along the western banks of the Mississippi River, in Hancock County. Established in 1852, Hamilton was named after Alexander Hamilton, the first Secretary of the Treasury of the United States. The city's location on the river has historically been significant for trade and transportation, contributing to its development during the 19th and early 20th centuries.
Things To Do in Hamilton, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Hamilton, IL
Keokuk-Hamilton Dam - A notable structure on the Mississippi River, popular for fishing and observing river traffic.
Wildcat Springs Park - Offers hiking trails, picnic areas, and scenic woodland views along the river.
Hamilton Public Library - A historic building providing community events and educational resources.
Lover's Glen Park - Known for its walking paths and tranquil environment, ideal for relaxation and nature walks.
Hamilton's Historic Main Street - Features a range of local shops and eateries, reflecting the small-town charm of the area.
The Economy of Hamilton, IL
The economy of Hamilton, IL, is primarily driven by local businesses, agriculture, and tourism. The proximity to the Mississippi River supports the city's tourism sector, attracting visitors for fishing, boating, and scenic views. Agriculture remains a staple of the local economy, with the surrounding areas predominantly engaged in corn and soybean farming. Small businesses in the retail and service sectors also play a crucial role in the city's economic landscape.
Hamilton, IL Inflation
Understanding the BLS and Inflation in Hamilton, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Hamilton, 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 Hamilton, 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 Hamilton, 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 Hamilton, 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 Hamilton, IL
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