Olney, IL's Data
About Olney, IL's
Olney, Illinois, is a charming city located in Richland County, known for its rich history and unique natural heritage. Established in 1841, Olney has grown from a small settlement into a vibrant community. The city is famously home to a population of white squirrels, which has become a symbol of local pride and a subject of interest among visitors. Situated in southeastern Illinois, Olney serves as a hub for agricultural activities and local commerce, contributing significantly to its regional significance.
Things To Do in Olney, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Olney, IL
White Squirrel Park - A popular spot known for spotting Olney's famous white squirrels.
Olney City Park - Offers recreational facilities, including a pool, sports fields, and playgrounds.
Richland County Historical Museum - Features exhibits on local history, including artifacts and photographs.
Carnegie Museum - Housed in a historic Carnegie library building, showcasing cultural and historical exhibits.
East Fork Lake - A scenic area ideal for fishing, boating, and outdoor activities.
The Economy of Olney, IL
The economy of Olney is primarily driven by agriculture, healthcare, and manufacturing. The city's fertile lands support various agricultural operations, including corn, soybeans, and wheat production. Olney's strategic location has also fostered a robust manufacturing sector, with several companies operating in the area. Additionally, the healthcare sector plays a vital role in the local economy, with Carle Richland Memorial Hospital providing essential services and employment opportunities to the community.
Olney, IL Inflation
Understanding the BLS and Inflation in Olney, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Olney, 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 Olney, 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 Olney, 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 Olney, 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 Olney, IL
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