Milan, IL's Data
About Milan, IL's
Milan village, Illinois, is a small but historically rich community located in Rock Island County. The village was established in the early 19th century and has played a modest role in the regional development of northwestern Illinois. Its proximity to larger cities like Rock Island and Moline enhances its cultural and economic significance, serving as a suburban base with distinct historical attributes.
Things To Do in Milan, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Milan, IL
Camden Park - A scenic park offering recreational facilities and outdoor activities.
Milan Historical Museum - Museum showcasing the history and heritage of Milan village.
Rock Island-Milan Parkway - A popular route for biking and walking with picturesque views.
Hennepin Canal Parkway State Park - Nearby park known for its trails, fishing, and boating opportunities.
Case Creek Obstacle Course - A unique outdoor fitness and adventure facility.
The Economy of Milan, IL
The economy of Milan village is primarily driven by local businesses and the service sector, with some influence from agricultural activities in the surrounding areas. The village benefits economically from its location near larger industrial and commercial hubs, which provide employment opportunities to residents and support local economic stability.
Milan, IL Inflation
Understanding the BLS and Inflation in Milan, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Milan, 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 Milan, 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 Milan, 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 Milan, 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 Milan, IL
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