Allen Park, MI's Data
About Allen Park, MI's
Allen Park is a city in Wayne County in the U.S. state of Michigan. Known for its tree-lined streets and family-friendly atmosphere, the city is part of the Detroit metropolitan area. Established in 1927, Allen Park experienced significant growth in the mid-20th century as a residential suburb for Detroit auto workers. The city is named after Lewis Allen, a Detroit businessman and landowner.
City: Allen Park
State: Michigan
Country: United States
Population: Approximately 27,000
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 Allen Park, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Allen Park, MI
Ford Motor Company Conference and Event Center - A major venue for corporate events and gatherings.
Unity Studios - Previously a large film and production studio.
Allen Park Street Fair - An annual event featuring crafts, food, and entertainment.
Champaign Park - Offers recreational facilities and outdoor activities for families.
Bacon Memorial District Library - A historic site providing educational resources and community programs.
The Economy of Allen Park, MI
The economy of Allen Park has been closely tied to the automotive industry, primarily due to its proximity to Detroit. Ford Motor Company has a significant presence in the city, including the Ford Motor Company Conference and Event Center. Retail and healthcare also contribute to the local economy, with several shopping centers and medical facilities serving the community.
Allen Park, MI Inflation
Understanding the BLS and Inflation in Allen Park, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Allen Park, 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 Allen Park, 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 Allen Park, 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 Allen Park, 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 Allen park, MI
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