Highland Park, MI's Data
About Highland Park, MI's
Highland Park is a city situated within Wayne County in the state of Michigan. Originally part of Hamtramck Township, it was incorporated as a city in 1918. Highland Park is surrounded entirely by Detroit, except for a small portion that touches the city of Hamtramck. Known for its rich automotive history, Highland Park was once home to the first moving automobile assembly line at the Ford Motor Company in 1913, revolutionizing the auto industry.
City: Highland Park
State: Michigan
Country: United States
Population: Approximately 8,977 as of the 2020 census.
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 Highland Park, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Highland Park, MI
Ford Highland Park Plant - Historic site of the first moving assembly line for automobiles.
Avalon Village - A community-driven eco-village focusing on sustainable living and community development.
Davison Freeway - One of America's first urban freeways, providing historical insight into urban planning and development.
Highland Park Renaissance Academy - The educational hub of the city, offering insights into local academic initiatives.
Model T Automotive Heritage Complex - A museum dedicated to celebrating the legacy of Ford's Model T and the automotive innovations that originated in Highland Park.
The Economy of Highland Park, MI
The economy of Highland Park has been heavily influenced by its historical connection to the automotive industry, particularly its past as a major production site for Ford Motor Company. However, economic challenges have marked recent decades, leading to declines in manufacturing jobs and population. Efforts for economic revitalization include focusing on small businesses and improving local infrastructure to attract new investments.
Highland Park, MI Inflation
Understanding the BLS and Inflation in Highland 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 Highland 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 Highland 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 Highland 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 Highland 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 Highland park, MI
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