Hazel Park, MI's Data
About Hazel Park, MI's
Hazel Park, located in southeastern Michigan within the Detroit metropolitan area, is a vibrant city with a rich history. Established in 1941, it was originally a hub for the automotive industry, reflecting the broader industrial boom in the region. Hazel Park is known for its close-knit community and strategic location, which offers easy access to major highways and downtown Detroit.
City: Hazel Park
State: Michigan
Country: United States
Population: 16422
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Hazel Park, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Hazel Park, MI
Hazel Park Raceway - Former horse racing track, now a venue for various events and activities.
Green Acres Park - A large community park offering sports facilities, a playground, and picnic areas.
Scout Park - Known for its walking trails and community-led environmental initiatives.
Hazel Park Memorial Library - Offers a wide range of resources and programs for residents of all ages.
Viking Ice Arena - Popular local ice skating rink that hosts sporting events and public skating sessions.
The Economy of Hazel Park, MI
The economy of Hazel Park has historically been linked to the automotive industry, which played a significant role in its development. In recent years, the city has diversified its economic base, embracing sectors such as retail, manufacturing, and services. The presence of small businesses and entrepreneurial ventures has grown, supported by economic development initiatives aimed at revitalizing the local economy.
Hazel Park, MI Inflation
Understanding the BLS and Inflation in Hazel Park, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Hazel Park, 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 Hazel Park, 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 Hazel Park, 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 Hazel Park, 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 Hazel park, MI
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