Waterman, IL's Data
About Waterman, IL's
Waterman is a small town located in DeKalb County, Illinois. It was incorporated in 1874 and named after Daniel Waterman, an early settler and prominent figure in the town's establishment. Situated in the northern part of the state, Waterman is characterized by its rich agricultural heritage and close-knit community. The town's history is deeply intertwined with the development of the railroad, which played a crucial role in its early growth and economic development.
Things To Do in Waterman, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Waterman, IL
Waterman Lions Community Park - A central recreational area offering playgrounds, sports fields, and picnic facilities.
Indian Oaks Country Club - A well-maintained golf course providing recreational opportunities and events.
Waterman Train Depot Museum - A historical site preserving artifacts and displays related to the town's railroad history.
Waterman Area Heritage Society Museum - Features exhibits on local history, including agriculture, family life, and community development.
Clinton Township Public Library - A key resource for residents, providing educational programs and access to a wide range of materials.
The Economy of Waterman, IL
The economy of Waterman, Illinois, is predominantly based on agriculture, reflecting its historical roots and geographical setting. The town benefits from its location in one of the most productive farming regions in Illinois, contributing significantly to the cultivation of corn and soybeans. Local businesses and services cater primarily to the needs of the residents and the surrounding farming community, with several small enterprises supporting the local economy.
Waterman, IL Inflation
Understanding the BLS and Inflation in Waterman, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Waterman, 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 Waterman, 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 Waterman, 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 Waterman, 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 Waterman, IL
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