Flat Rock, MI's Data
About Flat Rock, MI's
Flat Rock is a city located in Wayne County in the southeastern part of Michigan, United States. Established by Euro-American settlers in 1838, Flat Rock was incorporated as a village in 1923 and later as a city in 1965. The city's name is derived from the flat rock surfaces found in the Huron River, which flows through the area. This small city is part of the Downriver community, a group of suburban cities and townships in Wayne County, and serves as a bridge between the urban landscapes of Detroit and the scenic, rural areas of Michigan's southeastern region.
Things To Do in Flat Rock, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Flat Rock, MI
Huroc Park - A scenic park offering walking trails, fishing spots, and views of the Huron River.
Flat Rock Historical Society - Preserves local history through museums and archives showcasing the area's past.
Flat Rock Speedway - A popular destination for auto racing enthusiasts, hosting numerous events throughout the year.
Community Farmers Market - A seasonal market providing fresh local produce and goods to residents.
Oakwoods Metropark - Located nearby, this park features extensive trails, wildlife viewing areas, and canoeing opportunities.
The Economy of Flat Rock, MI
The economy of Flat Rock is primarily supported by manufacturing and retail sectors. A notable presence in the city is the Ford Motor Company's Flat Rock Assembly Plant, which has been a major employer and economic driver since its establishment. The plant produces various Ford models, significantly contributing to the local and state economy. Retail businesses and local services also play vital roles, catering to the needs of residents and contributing to the economic landscape.
Flat Rock, MI Inflation
Understanding the BLS and Inflation in Flat Rock, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Flat Rock, 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 Flat Rock, 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 Flat Rock, 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 Flat Rock, 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 Flat rock, MI
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