Frankfort, MI's Data
About Frankfort, MI's
Frankfort is a charming city located in Benzie County, Michigan. Nestled on the shores of Lake Michigan, Frankfort is known for its picturesque views and historical significance. Established in the 1850s, the city has a rich history connected to the maritime and lumber industries, which played a crucial role in its development. Frankfort has been a vital harbor town throughout its history, serving as a gateway to the scenic Sleeping Bear Dunes National Lakeshore.
Things To Do in Frankfort, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Frankfort, MI
Point Betsie Lighthouse - Historic lighthouse offering picturesque views and a glimpse into maritime history.
Frankfort Beach - A popular sandy beach known for its stunning sunsets and crystal-clear waters.
Betsie Valley Trail - A 22-mile trail used for biking, hiking, and snowmobiling, showcasing the area's natural beauty.
The Garden Theater - A historic movie theater offering a mix of contemporary and classic films in a quaint setting.
Crystal Lake - Nearby large freshwater lake ideal for boating, fishing, and swimming.
The Economy of Frankfort, MI
The economy of Frankfort is primarily driven by tourism, with its beautiful beaches, fishing opportunities, and proximity to natural attractions drawing visitors year-round. The city also benefits from its vibrant local businesses, including restaurants, shops, and services that cater to both residents and tourists. Additionally, manufacturing and healthcare provide employment and contribute to the economic stability of the area.
Frankfort, MI Inflation
Understanding the BLS and Inflation in Frankfort, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Frankfort, 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 Frankfort, 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 Frankfort, 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 Frankfort, 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 Frankfort, MI
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