Maywood, IL's Data
About Maywood, IL's
Maywood Village, located in Proviso Township, Cook County, Illinois, is a suburb of Chicago with a rich history dating back to its founding in 1869. Situated approximately 10 miles west of downtown Chicago, Maywood was originally developed as a residential community. It played a significant role during World War II as the site of the American Can Company, which produced millions of food cans for the U.S. military. The village is also known for its historical architecture, including homes that date back to the late 19th century.
Things To Do in Maywood, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Maywood, IL
Maywood Historic Homes - Examples of late 19th and early 20th-century architecture.
Maywood Fine Arts Association - Provides arts education and performances to the community.
Maywood Park - A large recreational area with facilities for various sports and outdoor activities.
16th Street Theater - Offers a range of theatrical productions focusing on diverse and inclusive stories.
Maywood Public Library - A resource center for education and community events.
The Economy of Maywood, IL
The economy of Maywood has transitioned over the years from a manufacturing base to more service-oriented industries. Although it faced economic challenges in the late 20th century with the decline of industrial jobs, recent efforts have been made to revitalize the local economy through small business development and infrastructure improvements. The village benefits from its proximity to Chicago, making it a viable location for both businesses and residents who commute to the city for work.
Maywood, IL Inflation
Understanding the BLS and Inflation in Maywood, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Maywood, 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 Maywood, 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 Maywood, 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 Maywood, 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 Maywood, IL
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