Toledo, IL's Data
About Toledo, IL's
Toledo, Illinois, is a small city located in Cumberland County. Established in 1854, Toledo serves as the county seat and has a rich history rooted in its development alongside the growth of the railroad industry in the 19th century. The city's strategic location has played a pivotal role in its historical and economic development, providing a hub for agricultural trade and transportation.
Things To Do in Toledo, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Toledo, IL
Cumberland County Historical and Genealogical Society - Offers exhibits on local history and genealogy.
Lincoln Log Cabin State Historic Site - A living history museum located nearby, depicting the 1840s era of Illinois.
Fox Ridge State Park - A nearby park offering hiking, fishing, and camping facilities.
Greenup Depot - A historic railroad depot with a rich history in the development of the area.
Lake Mattoon - Popular for boating, fishing, and recreational activities, located a short drive from Toledo.
The Economy of Toledo, IL
The economy of Toledo, Illinois, is primarily based on agriculture, reflecting its setting in a predominantly rural part of the state. Corn and soybean farming are significant contributors to the local economy. The city also benefits from its role as the administrative center of Cumberland County, which supports employment in public administration and services.
Toledo, IL Inflation
Understanding the BLS and Inflation in Toledo, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Toledo, 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 Toledo, 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 Toledo, 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 Toledo, 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 Toledo, IL
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