Mount Carmel, IL's Data
About Mount Carmel, IL's
Mount Carmel is a charming city located in Wabash County, Illinois, United States. It serves as the county seat and is nestled on the banks of the Wabash River, which defines the Illinois-Indiana border. Established in 1817, Mount Carmel has a rich history that includes being a key site during the Illinois oil boom in the early 20th century. The city's layout and architecture reflect its historical development and the influence of various cultural periods.
City: Mount Carmel
State: Illinois
Country: United States
Population: Approximately 7,200 as of the latest estimates.
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 Mount Carmel, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Mount Carmel, IL
Wabash County Museum - Offers exhibits on local history, including Native American artifacts and items from the oil boom era.
Beall Woods State Park - A nature preserve featuring old-growth forest, hiking trails, and diverse wildlife.
City Park - A central recreational area with facilities for sports, picnics, and community events.
Mount Carmel Public Library - Historic building providing educational resources and community programs.
Riverview Stadium - Home to local sports events and a hub for community gatherings.
The Economy of Mount Carmel, IL
The economy of Mount Carmel is diverse, with a mix of manufacturing, agriculture, and service industries. Historically, the city benefited from its position on the Wabash River, facilitating trade and transportation. Today, local businesses and retail sectors are significant contributors to the economy, alongside educational and health services. The presence of oil fields in the region also continues to impact the local economy, although to a lesser extent than in the past.
Mount Carmel, IL Inflation
Understanding the BLS and Inflation in Mount Carmel, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Mount Carmel, 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 Mount Carmel, 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 Mount Carmel, 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 Mount Carmel, 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 Mount carmel, IL
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