Morton, IL's Data
About Morton, IL's
Morton village, located in Tazewell County, Illinois, is a vibrant community known for its rich agricultural heritage and strong ties to the pumpkin industry. Established in 1870, Morton has grown from a small farming town to a suburban enclave with a diverse population. The village is strategically positioned between Peoria and Bloomington, making it a key player in the regional economy. Morton's history is deeply intertwined with the Illinois Central Railroad, which spurred its initial growth and development.
Things To Do in Morton, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Morton, IL
Morton Pumpkin Festival - An annual event celebrating Morton's status as a pumpkin capital with parades, food, and games.
Ackerman Farms - A family-owned farm offering pumpkin picking, corn mazes, and fall festivities.
Ropp Jersey Cheese Farm - A local farm known for its cheese production and farm tours.
Morton Community Veterans Memorial - A tribute to the veterans, featuring beautifully landscaped grounds and commemorative plaques.
Morton Public Library - A resource-rich facility offering various programs and services to the community.
The Economy of Morton, IL
The economy of Morton is notably influenced by agriculture, particularly the cultivation of pumpkins. Morton is famously dubbed the 'Pumpkin Capital of the World,' with Libby's pumpkin industry playing a pivotal role. The village hosts an annual Pumpkin Festival that significantly boosts its economy through tourism and related activities. Additionally, Morton benefits from its proximity to major cities like Peoria, facilitating a diverse economic environment that includes manufacturing, retail, and service industries.
Morton, IL Inflation
Understanding the BLS and Inflation in Morton, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Morton, 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 Morton, 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 Morton, 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 Morton, 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 Morton, IL
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