Tremont, IL's Data
About Tremont, IL's
Tremont is a charming village located in Tazewell County, Illinois. Established in 1834, the village has a rich history that includes being a stop on the Underground Railroad. Situated in the heart of Illinois, Tremont serves as a quaint reminder of small-town America with its well-preserved downtown area and community-focused lifestyle. The village's strategic location near Peoria has made it an attractive place for families and individuals seeking a quieter life close to larger city amenities.
Things To Do in Tremont, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Tremont, IL
Tremont Historical Society - Offers insights into the village's rich history and its role in the Underground Railroad.
Tremont Turkey Festival - An annual event that attracts visitors with its parade, craft show, and famous turkey dinners.
Tremont District Library - A key resource for local residents with a wide range of educational and cultural programs.
Tremont Community Park - Features sports facilities, playgrounds, and picnic areas for family-friendly recreation.
Tremont Gallery - Showcases local art and hosts various cultural events throughout the year.
The Economy of Tremont, IL
The economy of Tremont is primarily driven by local businesses, agriculture, and services. The village benefits from its proximity to Peoria, which provides employment opportunities in various sectors including manufacturing, healthcare, and education. Local agriculture plays a significant role in the economy, with corn and soybean farming being predominant. The community also supports a variety of small businesses ranging from retail shops to dining establishments, contributing to the village's economic stability.
Tremont, IL Inflation
Understanding the BLS and Inflation in Tremont, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Tremont, 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 Tremont, 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 Tremont, 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 Tremont, 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 Tremont, IL
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