Knoxville, IL's Data
About Knoxville, IL's
Knoxville, Illinois, is a historic city located in Knox County, known for its rich heritage and small-town charm. Established in 1831, Knoxville was originally the county seat before it moved to Galesburg. The city played a significant role during the early development of Illinois, serving as a key location on the stagecoach routes traversing the state. Today, Knoxville preserves a quaint atmosphere with a well-preserved downtown area that reflects its early American roots.
Things To Do in Knoxville, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Knoxville, IL
Knox County Courthouse - A historic building originally serving as the county seat, offering architectural and historical insights.
Walnut Grove Farm - A preserved 19th-century farmstead that hosts events and offers a glimpse into rural American life.
Knoxville Raceway - A local hub for motorsports enthusiasts, featuring regular car racing events.
The Knoxville Heritage Center - A museum dedicated to preserving and showcasing the history of Knoxville and its development.
James Knox Park - A community park providing recreational facilities and green space for family outings and public events.
The Economy of Knoxville, IL
The economy of Knoxville, Illinois, is primarily based on agriculture, small businesses, and local services. The surrounding region benefits from farming, particularly corn and soybeans, which are integral to the local economy. Small manufacturing firms and retail establishments contribute to the employment landscape. Knoxville's proximity to larger economic hubs like Galesburg provides additional employment opportunities for residents, while local initiatives aim to foster small business development and tourism.
Knoxville, IL Inflation
Understanding the BLS and Inflation in Knoxville, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Knoxville, 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 Knoxville, 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 Knoxville, 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 Knoxville, 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 Knoxville, IL
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