Royalton, IL's Data
About Royalton, IL's
Royalton is a small city located in Franklin County, Illinois. Established in the early 20th century, Royalton was primarily developed due to the coal mining industry which played a significant role in its early economic growth. The city is situated in the southern part of Illinois, known for its rich history and close-knit community. Royalton's development was markedly influenced by the coal mining booms in the region, which attracted a diverse workforce and shaped its early demographic and cultural character.
Things To Do in Royalton, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Royalton, IL
Royalton Public Library - A center for community learning and resources.
Miner's Memorial Park - A tribute to the city's mining heritage, featuring historical displays.
Franklin County Historic Jail Museum - A historical site offering insights into the local history of law enforcement.
Rend Lake - A nearby recreational area popular for fishing, boating, and camping.
Southern Illinois Art & Artisans Center - Showcases art and crafts from Southern Illinois artists.
The Economy of Royalton, IL
The economy of Royalton, historically reliant on coal mining, has diversified over the years. Although the mining industry is no longer the dominant economic driver, the city has seen growth in local business sectors and service industries. Small businesses, healthcare, and retail are now significant contributors to the local economy. The community has adapted to the broader economic shifts in the region, focusing on sustainability and local development.
Royalton, IL Inflation
Understanding the BLS and Inflation in Royalton, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Royalton, 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 Royalton, 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 Royalton, 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 Royalton, 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 Royalton, IL
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