Minonk, IL's Data
About Minonk, IL's
Minonk is a small city located in Woodford County, Illinois, with a rich history dating back to its founding in 1854. Situated along the historical path of the Illinois Central Railroad, Minonk has developed a cultural heritage influenced by both its agricultural surroundings and its role in regional transportation. Its name, believed to be derived from the Native American word for 'good place', reflects the city's enduring charm and community spirit.
Things To Do in Minonk, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Minonk, IL
Veterans Park - A community park offering recreational facilities and a memorial honoring local veterans.
Minonk Chocolate Company - A popular local shop known for its handmade chocolates and unique sweets.
Westside Park - Features sports facilities, playgrounds, and open spaces for community events and family outings.
Minonk Historical Society Museum - Showcases artifacts and exhibits related to the city's history and heritage.
Fieldcrest High School Events - Hosts various cultural and sporting events that bring together the local community.
The Economy of Minonk, IL
The economy of Minonk is primarily based on agriculture, reflecting its location in one of the most productive farming regions of Illinois. The city's businesses largely support the local agricultural sector, with additional contributions from manufacturing and retail services. Recent years have seen a push towards local development initiatives aimed at boosting economic growth and diversifying the economic base.
Minonk, IL Inflation
Understanding the BLS and Inflation in Minonk, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Minonk, 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 Minonk, 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 Minonk, 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 Minonk, 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 Minonk, IL
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