Park City, IL's Data
About Park City, IL's
Park City is a small city located in Lake County, Illinois, United States. Incorporated in 1958, the city was initially developed as a planned community for mobile homes. Over the years, Park City has evolved from its modest beginnings to become a part of the Chicago metropolitan area, positioned near the larger cities of Waukegan and Gurnee. Its strategic location near major highways such as I-94 has played a pivotal role in its development and accessibility.
Things To Do in Park City, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Park City, IL
Gurnee Mills - A large shopping mall just west of Park City, offering a variety of stores, dining options, and entertainment facilities.
Six Flags Great America - Located nearby, this major amusement park is known for its thrilling roller coasters and family-friendly attractions.
Waukegan National Airport - Provides regional air services and is a hub for general aviation enthusiasts.
Independence Grove Forest Preserve - A natural retreat offering hiking trails, fishing, boating, and picnic areas.
Lake County Fairgrounds - Hosts various events including the annual Lake County Fair, expos, and community gatherings.
The Economy of Park City, IL
The economy of Park City is primarily supported by a mix of retail, service industries, and light manufacturing. The presence of several small businesses, along with proximity to larger economic hubs like Waukegan and Gurnee, contributes to its economic landscape. The city's convenient location near major transportation routes also facilitates business operations and attracts workforce from neighboring areas.
Park City, IL Inflation
Understanding the BLS and Inflation in Park City, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Park City, 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 Park City, 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 Park City, 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 Park City, 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 Park city, IL
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