Lake Station, IN's Data
About Lake Station, IN's
Lake Station, Indiana, formerly known as East Gary, is a city in Lake County with a rich history tied to the development of the railroad industry in the region. Established primarily as a settlement for railroad workers in the 1850s, it was renamed Lake Station in 1977 to better reflect its identity separate from the nearby city of Gary. Situated strategically near major transportation routes, Lake Station serves as a key junction between several rail lines and highways, contributing to its historical and ongoing significance.
City: Lake Station
State: Indiana
Country: United States
Population: 12,200
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 Lake Station, IN
Hike: Here are a couple of local trails to check out!
Local Attractions in Lake Station, IN
Riverview Park - A popular local park offering recreational facilities and scenic views of the river.
Columbus Park - Known for its family-friendly environment and community events.
Lake Station Historical Museum - Showcases artifacts and exhibits related to the history of Lake Station and the surrounding area.
Grand Boulevard Lake - A serene destination for fishing, boating, and picnicking.
Three Creeks County Park - A large park featuring trails, wildlife viewing, and outdoor activities.
The Economy of Lake Station, IN
The economy of Lake Station has historically been linked to the railroad and steel industries, with its proximity to larger industrial hubs like Gary and Chicago enhancing its economic landscape. In recent years, the city has seen a diversification in its economy with the inclusion of retail, services, and light manufacturing sectors. Efforts to revitalize the local economy include improvements in infrastructure and the attraction of new businesses to the area.
Lake Station, IN Inflation
Understanding the BLS and Inflation in Lake Station, IN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lake Station, IN. 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 Lake Station, IN understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Lake Station, IN 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 Lake Station, IN 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 Lake station, IN
No results found. Please try another search.
Brought to you by
