University Park, IL's Data
About University Park, IL's
University Park is a village in Illinois, located primarily in Will County with a small portion extending into Cook County. Established in the late 1950s and early 1960s, it was originally known as Wood Hill, Park Forest South, and finally University Park. The village is named for its proximity to Governors State University, which was founded in 1969. The community was designed to be a comprehensive and self-contained residential and business community. It is situated approximately 30 miles south of Chicago, making it part of the Chicago metropolitan area.
City: University Park
State: Illinois
Country: United States
Population: 7,129
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 University Park, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in University Park, IL
Governors State University - A public university offering a variety of undergraduate and graduate programs.
Nathan Manilow Sculpture Park - A renowned outdoor sculpture park located on the campus of Governors State University.
Riegel Farm - A recreational facility offering community events, educational programs, and family-friendly activities.
Pine Lake Park - A natural area featuring a lake, walking trails, and picnic facilities.
University Golf Club and Conference Center - A popular golf course and event venue providing scenic views and facilities for various functions.
The Economy of University Park, IL
The economy of University Park is influenced by its educational institutions, particularly Governors State University, which is one of the major employers in the area. The village also benefits from its proximity to major transportation networks, which supports local businesses and logistics companies. Industrial and business parks in the area provide a base for manufacturing and distribution operations, contributing to the local economy.
University Park, IL Inflation
Understanding the BLS and Inflation in University Park, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like University Park, 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 University Park, 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 University Park, 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 University Park, 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 University park, IL
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