Carleton, MI's Data
About Carleton, MI's
Carleton village is a quaint and historic community located in Monroe County, Michigan. Established in 1872, Carleton is named after Michigan poet Will Carleton. The village is nestled in the southeastern part of the state, offering a blend of small-town charm and historical significance. It serves as a quiet enclave with a rich agricultural heritage, reflecting the broader historical and economic trends of the region.
Things To Do in Carleton, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Carleton, MI
Ash-Carleton Park - A popular local park offering sports fields, a playground, and picnic areas.
Carleton Historical Museum - Showcases local history and artifacts from Carleton's past.
Scofield-Carleton Cemetery - An historic cemetery reflecting the village's heritage.
Carleton Branch Library - A key resource for education and community events.
Annual Carleton Country Fair - A traditional event celebrating local culture and agriculture.
The Economy of Carleton, MI
The economy of Carleton village is predominantly based on agriculture, leveraging the fertile lands of Monroe County. This sector includes farming and related agricultural services which have been the backbone of the local economy for generations. In recent years, there has been a gradual diversification with small-scale manufacturing and retail businesses contributing to the economic landscape. The village's proximity to major cities like Detroit also influences its economic dynamics, with some residents commuting to larger urban centers for employment.
Carleton, MI Inflation
Understanding the BLS and Inflation in Carleton, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Carleton, 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 Carleton, 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 Carleton, 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 Carleton, 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 Carleton, MI
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