Albion, MI's Data
About Albion, MI's
Albion is a small city located in Calhoun County in the south-central part of Michigan. Founded in 1835, Albion has a rich history tied to the development of the Midwest. The city played a significant role during the antebellum period and was a notable site on the Underground Railroad. Albion College, a private liberal arts college established in 1835, is a key institution in the city and contributes to its cultural and educational landscape.
Things To Do in Albion, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Albion, MI
Albion College - A historic institution offering a picturesque campus and a range of cultural and educational events.
Gardner House Museum - A museum housed in a Victorian-era home, offering insights into local history.
Bohm Theatre - A restored 1920s movie theater that provides entertainment and cultural events.
Whitehouse Nature Center - Features several trails, a variety of wildlife, and educational programs about local ecology.
Albion River Trail - A scenic trail along the Kalamazoo River, ideal for walking, biking, and enjoying nature.
The Economy of Albion, MI
Albion's economy historically centered around manufacturing, with several large industrial operations established in the city in the 19th and 20th centuries. Today, the economy is more diversified, with education, healthcare, and manufacturing still playing significant roles. Albion College is one of the city's largest employers, and there has been a recent focus on revitalizing the downtown area to attract new businesses and tourism.
Albion, MI Inflation
Understanding the BLS and Inflation in Albion, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Albion, MI. 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 Albion, MI understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Albion, MI 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 Albion, MI 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 Albion, MI
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