Lovington, IL's Data
About Lovington, IL's
Lovington village is a small community located in Moultrie County, Illinois. Established in the 19th century, Lovington is characterized by its rich agricultural history and close-knit community atmosphere. The village's strategic location within the central part of the state has historically made it a local hub for farming and trade. Despite its small size, Lovington has maintained its distinct rural charm and historical significance in the region.
Things To Do in Lovington, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Lovington, IL
Lovington Township Public Library - A central hub for community gatherings and educational resources.
Lake Shelbyville - A popular nearby recreational area offering fishing, boating, and camping.
Amish Country of Central Illinois - Nearby tours and shops showcasing the Amish lifestyle and craftsmanship.
Wyman Park - Located in nearby Sullivan, offering picnicking, playgrounds, and sports facilities.
Okaw Valley Orchard - A short drive away, this orchard provides a family-friendly destination for apple picking and seasonal events.
The Economy of Lovington, IL
The economy of Lovington village is predominantly based on agriculture, reflecting its historical roots and geographical setting. The village benefits from the fertile soils of Central Illinois, making crop production and livestock farming the primary economic activities. Small businesses and local services also contribute to the economic landscape, supporting the community and providing employment opportunities to residents.
Lovington, IL Inflation
Understanding the BLS and Inflation in Lovington, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lovington, 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 Lovington, 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 Lovington, 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 Lovington, 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 Lovington, IL
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