Baraga, MI's Data
About Baraga, MI's
Baraga village is located in Baraga County, Michigan, and is named after Bishop Frederic Baraga, a Roman Catholic missionary known for his work with Native Americans. The village is situated along the Keweenaw Bay of Lake Superior, providing a picturesque setting rich with natural beauty and history. Established in the 19th century, Baraga has a deep connection with the indigenous Ojibwa community and the early European settlers who established the area as a hub for trade and fishing.
Things To Do in Baraga, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Baraga, MI
Bishop Baraga Shrine - An impressive statue dedicated to Bishop Frederic Baraga, overlooking the Keweenaw Bay.
Baraga State Park - Offers camping, picnicking, and access to Lake Superior's waterfront.
Keweenaw Bay - Popular for boating, fishing, and scenic views of Lake Superior.
Ojibwa Casino - A local gaming facility offering entertainment, dining, and gaming options.
Mount Arvon - Michigan’s highest point, providing hiking trails and panoramic views.
The Economy of Baraga, MI
The economy of Baraga village is diverse, with a strong emphasis on tourism, local services, and public administration. The presence of natural resources has historically influenced its economic activities, particularly in sectors like fishing and logging. In recent years, tourism has grown due to the village's scenic location and outdoor recreational opportunities, including fishing, camping, and hiking. The village also benefits economically from the Baraga Maximum Correctional Facility, which provides employment to a significant number of residents.
Baraga, MI Inflation
Understanding the BLS and Inflation in Baraga, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Baraga, 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 Baraga, 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 Baraga, 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 Baraga, 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 Baraga, MI
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