Belding, MI's Data
About Belding, MI's
Belding, located in Ionia County, Michigan, is a small city with a rich history rooted in the silk industry, earning it the nickname 'The Silk City' in the late 19th and early 20th centuries. Established along the Flat River, Belding played a significant role in the regional development of the textile industry, with several large silk mills operating at its peak. The city's historical architecture reflects its prosperous past, with many buildings dating back to its industrial heyday.
Things To Do in Belding, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Belding, MI
Silk City Nature Preserve - A scenic area offering walking trails and wildlife viewing, celebrating Belding's natural beauty and history.
Alvah N. Belding Memorial Library - A historic library funded by one of the Belding brothers, notable for its architecture and community services.
Lightning Bend Park - A popular spot for outdoor activities such as picnicking, fishing, and canoeing on the Flat River.
Belding Museum - Located in the historic Belrockton Dormitory, it showcases the city's silk industry history and local culture.
Central Riverside Park - Features sports facilities, walking paths, and access to the Flat River, ideal for family outings and community events.
The Economy of Belding, MI
Today, Belding's economy has transitioned from its historical reliance on the silk industry to a more diversified mix of manufacturing, retail, and service industries. Local businesses and manufacturing plants contribute to the economic landscape, providing employment opportunities to residents. The city also benefits from its proximity to larger economic centers in Michigan, facilitating regional business connections and economic growth.
Belding, MI Inflation
Understanding the BLS and Inflation in Belding, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Belding, 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 Belding, 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 Belding, 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 Belding, 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 Belding, MI
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