Park Forest, IL's Data
About Park Forest, IL's
Park Forest village, located in Cook and Will counties in Illinois, is a notable example of a planned community that was developed in the early post-World War II era. It was designed to provide affordable housing for veterans returning from the war and was recognized for its innovative planning and design, which included schools, shopping centers, and parks within walking distance of homes. The village was incorporated in 1949 and has since evolved into a diverse community that maintains its commitment to careful urban planning and community values.
City: Park Forest
State: Illinois
Country: United States
Population: 21429
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 Park Forest, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Park Forest, IL
Central Park - A large public park that offers walking trails, sports facilities, and picnic areas.
Aqua Center - A popular water park featuring pools, slides, and a splash pad for children.
Tall Grass Arts Association - An art gallery and association that hosts art shows, classes, and workshops.
Freedom Hall - A cultural arts complex that provides a venue for concerts, theater productions, and other cultural events.
Park Forest Historical Society Museum - A museum that showcases the history of Park Forest village and its development as a planned community.
The Economy of Park Forest, IL
The economy of Park Forest village is primarily driven by local businesses, educational institutions, and healthcare services. The village benefits from its proximity to Chicago, which provides additional employment opportunities for residents. Retail and service sectors also play significant roles in the local economy. Over the years, Park Forest has made efforts to attract and retain small businesses, which contribute to the economic stability and growth of the community.
Park Forest, IL Inflation
Understanding the BLS and Inflation in Park Forest, 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 Forest, 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 Forest, 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 Forest, 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 Forest, 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 forest, IL
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