Peoria, IL's Data
About Peoria, IL's
Peoria is a notable city in central Illinois, established on the banks of the Illinois River. It is the county seat of Peoria County and was founded in 1691 by the French explorer Henri de Tonti, making it the oldest European settlement in Illinois. Peoria is historically significant for its role in the whiskey industry and was once renowned as a major manufacturing hub. The city's strategic location along the river contributed to its early growth and economic development.
Things To Do in Peoria, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Peoria, IL
Peoria Riverfront Museum - A center for art, science, history, and achievement with a planetarium and sculpture garden.
Caterpillar Visitors Center - Showcases the history of Caterpillar Inc. and its impact on global industries.
Grand View Drive - A scenic road that President Theodore Roosevelt praised as the 'world's most beautiful drive'.
Peoria Zoo - Offers a range of exhibits from around the world, including Africa! and the Asian Trail.
Luthy Botanical Garden - Features a variety of themed gardens and a conservatory, providing year-round natural beauty.
The Economy of Peoria, IL
Peoria's economy has traditionally been anchored by manufacturing, particularly in the heavy equipment and automotive sectors, with companies like Caterpillar Inc. playing a significant role. However, the economy has diversified in recent decades, incorporating healthcare, education, and professional services. The city has also become a regional hub for research in medicine and engineering, partly due to affiliations with nearby universities and the presence of medical and research facilities.
Peoria, IL Inflation
Understanding the BLS and Inflation in Peoria, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Peoria, 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 Peoria, 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 Peoria, 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 Peoria, 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 Peoria, IL
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