Houghton, MI's Data
About Houghton, MI's
Houghton is a vibrant city located in the Upper Peninsula of Michigan, serving as the county seat of Houghton County. It is named after the geologist Douglass Houghton and was incorporated in 1861. The city is situated on the south shore of Portage Lake, and is known for its significant role in the copper mining history of Michigan. Houghton's rich heritage and its connection to the copper industry are evident in its architecture and historical sites.
Things To Do in Houghton, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Houghton, MI
Michigan Technological University - A leading public research university known for its engineering and technology programs.
Isle Royale National Park - Accessible via seaplane or boat, this remote park offers unique wilderness adventures.
Quincy Mine - Historical copper mine offering tours to explore the region's mining heritage.
A.E. Seaman Mineral Museum - Features one of the finest collections of minerals and showcases the geological history of the area.
Mont Ripley Ski Area - Popular local ski area providing winter sports opportunities with views of the Portage Lake.
The Economy of Houghton, MI
The economy of Houghton is primarily driven by education and research, largely due to the presence of Michigan Technological University. The university is a key employer and contributes to the city's economy through innovation and the influx of students. Tourism also plays a significant role, with visitors attracted to the area's natural beauty, outdoor recreational activities, and historical sites related to the copper mining era. Local businesses and services cater to both the resident and student populations, providing a stable economic base.
Houghton, MI Inflation
Understanding the BLS and Inflation in Houghton, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Houghton, 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 Houghton, 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 Houghton, 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 Houghton, 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 Houghton, MI
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