Melrose Park, IL's Data
About Melrose Park, IL's
Melrose Park is a village located in Cook County, Illinois, part of the Chicago metropolitan area. Established in the late 19th century, Melrose Park has evolved from a predominantly agricultural community into a vibrant suburban hub. Its proximity to Chicago has significantly influenced its development and cultural composition, making it a diverse and dynamic locale.
City: Melrose Park
State: Illinois
Country: United States
Population: Approximately 25,000
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Melrose Park, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Melrose Park, IL
Cinemark Melrose Park - A popular movie theater offering the latest film releases and premium cinema experiences.
Maywood Park - Although the racetrack has closed, the area remains a significant landmark with plans for redevelopment.
St. Paul Lutheran Church - A historic church known for its beautiful architecture and community activities.
Bulger Park - A well-maintained public park with sports facilities, playgrounds, and picnic areas.
The Winston Plaza Shopping Center - A key retail destination offering a variety of shops, eateries, and services.
The Economy of Melrose Park, IL
The economy of Melrose Park is diverse, with a mix of manufacturing, retail, and service industries. Historically, the village has been home to several large industrial facilities, including the now-closed Maywood Park racetrack. Today, it hosts various businesses and light industries, contributing to its economic stability and providing employment opportunities to the local population.
Melrose Park, IL Inflation
Understanding the BLS and Inflation in Melrose Park, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Melrose Park, 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 Melrose Park, 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 Melrose Park, 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 Melrose Park, 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 Melrose park, IL
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