Washburn, IL's Data
About Washburn, IL's
Washburn is a small village located in Woodford County, Illinois. Established in the mid-19th century, it has a rich history rooted in agriculture and local development. The village is situated in a predominantly rural area of central Illinois, providing a quiet, community-focused lifestyle. Washburn is part of the Peoria, Illinois Metropolitan Statistical Area, which connects it to larger economic and cultural activities while maintaining its small-town charm.
Things To Do in Washburn, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Washburn, IL
Washburn Veterans Memorial - A tribute to the local veterans, reflecting the community's respect and remembrance.
Sip & Paint - A local venue offering creative and social painting sessions.
Condit's Ranch - A nearby ranch providing outdoor activities and events.
Washburn Community Park - A focal point for family and recreational activities, including playgrounds and sports facilities.
Annual Washburn Festival - Celebrates local culture and community spirit with food, games, and entertainment.
The Economy of Washburn, IL
The economy of Washburn is primarily based on agriculture, reflecting its location in one of the most fertile farming areas in the United States. Local businesses and services cater to the needs of the community and surrounding areas. The village's proximity to Peoria allows for additional employment opportunities in larger industries such as manufacturing, healthcare, and education.
Washburn, IL Inflation
Understanding the BLS and Inflation in Washburn, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Washburn, 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 Washburn, 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 Washburn, 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 Washburn, 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 Washburn, IL
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