Sheridan, IL's Data
About Sheridan, IL's
Sheridan is a small village located in LaSalle County, Illinois. Known for its peaceful rural setting, Sheridan has a rich history that dates back to its establishment in the early 19th century. The village is nestled along the Fox River, contributing to its scenic beauty and providing a tranquil environment for its residents. Sheridan's historical significance is highlighted by its proximity to the site of the Fox River Aqueduct, part of the larger Illinois and Michigan Canal National Heritage Corridor.
Things To Do in Sheridan, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Sheridan, IL
Fox River - A popular spot for fishing, boating, and scenic views.
Illinois & Michigan Canal National Heritage Corridor - Offers historical insights and recreational activities.
Sheridan Historical Society - Preserves and showcases the village's rich history and heritage.
Silver Springs State Fish and Wildlife Area - A nearby area for outdoor enthusiasts, featuring fishing, hunting, and hiking.
Downtown Sheridan - Features local dining and shopping options, reflecting the small-town charm of the area.
The Economy of Sheridan, IL
Sheridan's economy is primarily based on agriculture, small businesses, and local services. The agricultural sector plays a pivotal role, with many residents engaged in farming and related activities. Small businesses within the village cater to the needs of the local community, supporting its economic stability. Additionally, the proximity to larger cities allows for commuting opportunities, thereby slightly diversifying the economic landscape of Sheridan.
Sheridan, IL Inflation
Understanding the BLS and Inflation in Sheridan, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Sheridan, 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 Sheridan, 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 Sheridan, 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 Sheridan, 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 Sheridan, IL
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