Rantoul, IL's Data
About Rantoul, IL's
Rantoul is a village located in Champaign County, Illinois, with a rich history that dates back to its founding in 1848. Named after Robert Rantoul, Jr., a director of the Illinois Central Railroad, the village has a notable past linked to both the development of railroads and aviation. It was home to the Chanute Air Force Base, which played a significant role during both World Wars and continued to be influential until its closure in 1993.
Things To Do in Rantoul, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Rantoul, IL
Chanute Air Museum - Displays aircraft and memorabilia related to the history of Chanute Air Force Base and military aviation.
Hardy's Reindeer Ranch - A unique attraction featuring reindeer tours, a corn maze, and pumpkin patch.
Rantoul National Aviation Center - Hosts annual events and serves as a general aviation airport.
Willow Pond Golf Course - An 18-hole golf course offering scenic views and challenging play.
Octave Chanute Aerospace Museum - Dedicated to preserving the heritage of aviation and aerospace endeavors.
The Economy of Rantoul, IL
The economy of Rantoul has historically been influenced by its military and aviation roots, particularly the presence of Chanute Air Force Base. Since the base's closure, Rantoul has diversified its economy, focusing on manufacturing, retail, and service industries. The village has also made efforts to attract new businesses through the development of industrial parks and improvement of infrastructure.
Rantoul, IL Inflation
Understanding the BLS and Inflation in Rantoul, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Rantoul, 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 Rantoul, 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 Rantoul, 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 Rantoul, 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 Rantoul, IL
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