Hampshire, IL's Data
About Hampshire, IL's
Hampshire Village, located in Kane County, Illinois, is a small but vibrant community with a rich history dating back to its establishment in the 19th century. Nestled approximately 50 miles west of Chicago, this village provides a blend of suburban and rural lifestyles, offering residents a quiet, small-town atmosphere while still being accessible to the urban amenities of a major city. Hampshire's historical significance is preserved in its well-maintained downtown area and the presence of several historical buildings.
Things To Do in Hampshire, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Hampshire, IL
Seyller Park - A popular recreational area offering sports fields, a playground, and picnic facilities.
Ralph Seyller Memorial Park - Known for its charming walking trails and peaceful natural settings.
Hampshire Forest Preserve - Provides extensive trails for hiking and biking, and areas for picnicking and wildlife observation.
Marengo Ridge Conservation Area - A short drive from Hampshire, this area is ideal for outdoor enthusiasts with its hiking trails and scenic views.
Bruce Ream Park - Features a well-equipped park with amenities for family outings and community events.
The Economy of Hampshire, IL
The economy of Hampshire Village is primarily driven by a combination of agriculture, local businesses, and light manufacturing. The village benefits from its proximity to major transportation routes, which supports local businesses and facilitates the distribution of agricultural products. Recent developments have seen a growth in retail and residential construction, indicating a gradual expansion in its economic base. The community's economic landscape is characterized by a strong support for local enterprises and a growing interest in sustainable practices.
Hampshire, IL Inflation
Understanding the BLS and Inflation in Hampshire, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Hampshire, 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 Hampshire, 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 Hampshire, 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 Hampshire, 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 Hampshire, IL
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