Urbana, IL's Data
About Urbana, IL's
Urbana, Illinois, is a city rich in history and culture, located in Champaign County. Founded in 1833, it has grown alongside its twin city, Champaign, sharing a deep connection with the University of Illinois, which is largely situated in Urbana. The city is known for its vibrant community, diverse cultural offerings, and significant educational influence, drawing students, academics, and professionals from around the globe.
Things To Do in Urbana, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Urbana, IL
Krannert Art Museum - Features a collection of both contemporary and historical art pieces.
Meadowbrook Park - A large public park known for its sculpture garden and natural prairie landscape.
The Urbana Free Library - Established in 1874, offering a vast collection and community-focused programs.
Market at the Square - A bustling farmers market operating from May to November, showcasing local produce and crafts.
Spurlock Museum - An ethnographic museum with exhibits from around the world, emphasizing cultural and historical diversity.
The Economy of Urbana, IL
The economy of Urbana is heavily influenced by the presence of the University of Illinois, which is a major employer and economic driver in the area. The university not only attracts students and faculty but also stimulates local businesses, including technology startups, research companies, and service industries. Additionally, healthcare and retail are significant sectors, with Carle Foundation Hospital serving as a major healthcare provider in the region.
Urbana, IL Inflation
Understanding the BLS and Inflation in Urbana, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Urbana, 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 Urbana, 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 Urbana, 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 Urbana, 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 Urbana, IL
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