Roscoe, IL's Data
About Roscoe, IL's
Roscoe is a village located in Winnebago County, Illinois, part of the Rockford Metropolitan Statistical Area. Established in the early 1830s, Roscoe has grown from a quiet agricultural community into a suburban village with a rich historical background. It is situated along the Rock River, which enhances its scenic beauty and offers various recreational opportunities. The village's proximity to Rockford and the state line makes it a strategic location for businesses and residents alike.
Things To Do in Roscoe, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Roscoe, IL
Historic Auto Attractions - Features a collection of historically significant automobiles and related memorabilia.
Leland Park - A popular local park offering playgrounds, sports fields, and walking trails.
Roscoe Antique Mall - A destination for antique lovers with a wide variety of vintage items and collectibles.
Kieselburg Forest Preserve - Provides outdoor activities like hiking, fishing, and picnicking in a natural setting.
Stone Bridge Trail - A scenic trail used for biking, walking, and in winter, snowmobiling.
The Economy of Roscoe, IL
The economy of Roscoe is primarily driven by manufacturing, retail, and service industries. It benefits from its location near major transportation routes, which facilitates business and commerce. The village has seen growth in local businesses and retail developments, contributing to its economic stability. Additionally, the presence of several industrial parks in the area supports local employment and economic development.
Roscoe, IL Inflation
Understanding the BLS and Inflation in Roscoe, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Roscoe, 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 Roscoe, 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 Roscoe, 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 Roscoe, 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 Roscoe, IL
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