Kentwood, MI's Data
About Kentwood, MI's
Kentwood is a city in Kent County, Michigan, United States, located just south of Grand Rapids. Established in 1967 from what was then Paris Township, Kentwood has grown into a vibrant suburban community. Its strategic location near major highways and the Gerald R. Ford International Airport enhances its accessibility and attractiveness for both residents and businesses. The city's diverse demographic and cultural makeup contribute to its dynamic community atmosphere.
Things To Do in Kentwood, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Kentwood, MI
Woodland Mall - A major shopping center with a wide range of retail stores and dining options.
Kelloggwoods Park - A popular local park offering picnic areas, a playground, and walking trails.
Stauffer Station Historical Marker - A site marking the historical significance of the early railroad in the area.
Kentwood Ice Arena - A facility providing ice skating and hockey opportunities for the community.
East West Trail - A scenic trail ideal for biking, walking, and outdoor activities, connecting various parts of the city.
The Economy of Kentwood, MI
Kentwood's economy is diverse, featuring a mix of manufacturing, retail, and service industries. The presence of large retail centers such as the Woodland Mall and Centerpointe Mall supports a robust retail sector. Manufacturing also plays a significant role in the local economy, with various companies operating in the industrial sectors located within the city. The proximity to Grand Rapids further influences Kentwood's economic landscape, with many residents commuting to jobs in the larger city.
Kentwood, MI Inflation
Understanding the BLS and Inflation in Kentwood, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Kentwood, 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 Kentwood, 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 Kentwood, 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 Kentwood, 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 Kentwood, MI
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