Waverly, IL's Data
About Waverly, IL's
Waverly is a small city located in Morgan County, Illinois, United States. It was established in the early 19th century and has a rich history that reflects the development of the Midwest. Waverly is situated in a region known for its agricultural productivity, contributing to its local culture and economy. The city is characterized by its close-knit community and traditional American values, offering a glimpse into rural life in Illinois.
Things To Do in Waverly, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Waverly, IL
Waverly Public Library - A central hub for community engagement and learning.
Lake Jacksonville - Popular for boating, fishing, and scenic views, located nearby.
Nichols Park - Offers recreational facilities and events in the neighboring city of Jacksonville.
Morgan County Fairgrounds - Hosts events and fairs that celebrate local culture and agriculture, located in nearby Jacksonville.
Veterans Memorial Park - A tribute to military veterans, featuring memorials and quiet reflection areas in Jacksonville.
The Economy of Waverly, IL
The economy of Waverly is primarily based on agriculture, reflecting its location in one of the most fertile regions of Illinois. The city benefits from the cultivation of crops such as corn and soybeans, which are staples in the agricultural sector of the state. Small businesses and local services also play a crucial role in supporting the local economy, providing employment and contributing to the community's sustainability.
Waverly, IL Inflation
Understanding the BLS and Inflation in Waverly, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Waverly, 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 Waverly, 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 Waverly, 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 Waverly, 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 Waverly, IL
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