Schaumburg, IL's Data
About Schaumburg, IL's
Schaumburg is a village located in Cook County, Illinois, part of the Chicago metropolitan area. Established in 1850, Schaumburg was primarily a rural community until the 1950s when it began to transform into a suburban hub following post-war development. It is now known for its robust commercial growth, including the presence of one of the largest shopping malls in the United States, Woodfield Mall.
City: Schaumburg
State: Illinois
Country: United States
Population: 74184
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 Schaumburg, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Schaumburg, IL
Woodfield Mall - One of the largest shopping centers in the United States, featuring a wide range of retail stores.
Schaumburg Boomers Stadium - Home to the Schaumburg Boomers baseball team, offering sporting events and entertainment.
Spring Valley Nature Center - A 135-acre nature preserve that offers walking trails, wildlife viewing, and educational exhibits.
Legoland Discovery Center - An indoor family attraction centered around the popular LEGO brick.
Schaumburg Township District Library - One of the largest public libraries in Illinois, providing extensive resources and community programs.
The Economy of Schaumburg, IL
The economy of Schaumburg is diversified, anchored by retail, telecommunications, and manufacturing sectors. Woodfield Mall, with over 300 stores, is a major economic driver, drawing consumers from across the Chicago area. The village is also home to the headquarters of several large corporations, including Motorola Solutions and Zurich North America, contributing significantly to its economic landscape.
Schaumburg, IL Inflation
Understanding the BLS and Inflation in Schaumburg, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Schaumburg, 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 Schaumburg, 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 Schaumburg, 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 Schaumburg, 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 Schaumburg, IL
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