Riverwoods, IL's Data
About Riverwoods, IL's
Riverwoods is a village located in Lake County, Illinois, known for its commitment to the preservation of natural environments and open spaces. Established in 1949, Riverwoods began as a community deeply rooted in the principles of conserving the native woodland and prairie ecosystems. It is situated approximately 29 miles northwest of downtown Chicago, offering a serene, forested retreat from the urban landscape. The village's layout and development have been carefully managed to maintain its distinctive wooded character and biodiversity.
City: Riverwoods
State: Illinois
Country: United States
Population: 3,660
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 Riverwoods, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Riverwoods, IL
Edward L. Ryerson Conservation Area - A nature preserve offering walking trails, educational programs, and a visitor center.
Riverwoods Plant Preserve - Features native plants and offers opportunities for ecological study and conservation.
Brushwood Center at Ryerson Woods - A center promoting environmental education, arts, and conservation through various programs.
Deerfield Historic Village - Nearby historical museum with restored buildings and artifacts illustrating local history.
Bannockburn Green - A shopping and dining destination with a variety of stores and eateries.
The Economy of Riverwoods, IL
The economy of Riverwoods is primarily characterized by its residential nature, with a significant portion of its workforce commuting to Chicago and other nearby urban centers for employment. The village is also home to several corporate headquarters, including Discover Financial Services, which significantly contributes to the local economy. The presence of these businesses provides a stable economic base, while the village's scenic and tranquil environment makes it an attractive place for both living and conducting business.
Riverwoods, IL Inflation
Understanding the BLS and Inflation in Riverwoods, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Riverwoods, 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 Riverwoods, 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 Riverwoods, 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 Riverwoods, 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 Riverwoods, IL
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