Coleman, MI's Data
About Coleman, MI's
Coleman is a small city located in Midland County, Michigan. Established in 1871, it was originally a hub for the lumber and railroad industries, which played a significant role in its early development. Named after its founder, Thomas Coleman, the city has a rich history intertwined with the growth of Michigan's lower peninsula. Its location offers easy access to larger cities while maintaining a quaint, small-town atmosphere.
Things To Do in Coleman, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Coleman, MI
Coleman Veterans Memorial - A poignant tribute to veterans, featuring impressive statues and memorial plaques.
Rail Trail Park - Offers scenic routes for biking and walking, connecting Coleman to nearby communities.
Coleman Area Library - A resource hub for the community with a variety of educational programs.
Tittabawassee River - Popular for fishing, canoeing, and scenic views along its banks.
Annual Coleman Holiday Parade - A festive event drawing visitors with floats, music, and community activities.
The Economy of Coleman, MI
The economy of Coleman, Michigan, has transitioned from its historical roots in lumber and railroads to a more diverse array of sectors. Today, local businesses, agriculture, and light manufacturing form the backbone of the economy. The city's proximity to larger markets like Midland and Mount Pleasant also facilitates a service-oriented sector that supports the local and regional population.
Coleman, MI Inflation
Understanding the BLS and Inflation in Coleman, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Coleman, 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 Coleman, 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 Coleman, 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 Coleman, 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 Coleman, MI
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