Lake Orion, MI's Data
About Lake Orion, MI's
Lake Orion village, located in Oakland County, Michigan, is a charming residential community with a rich history dating back to its establishment in the early 19th century. Originally a resort town, Lake Orion was a popular destination for Detroit residents seeking recreation on its namesake lake. The village is characterized by its picturesque landscapes and vibrant community life, maintaining a blend of historic charm and modern amenities.
City: Lake Orion
State: Michigan
Country: United States
Population: 3,108
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 Lake Orion, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Lake Orion, MI
Orion Marine Pontoon Rentals - Offers boat rentals for enjoying Lake Orion.
Dragon on the Lake Festival - A popular annual festival featuring art, music, and dragon boat races.
Orion Historical Society Museum - Showcases local history and heritage through various exhibits.
Bald Mountain State Recreation Area - A nearby park offering hiking, fishing, and camping.
Paint Creek Trail - A scenic trail used for biking, hiking, and observing nature.
The Economy of Lake Orion, MI
The economy of Lake Orion village is primarily driven by local businesses, retail, and services catering to the needs of its residents and visitors. The village's proximity to larger cities like Detroit allows for a diverse employment base, with many residents commuting to jobs in manufacturing, healthcare, and education sectors. Tourism also plays a significant role, boosted by the village's scenic beauty and recreational opportunities.
Lake Orion, MI Inflation
Understanding the BLS and Inflation in Lake Orion, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lake Orion, 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 Lake Orion, 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 Lake Orion, 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 Lake Orion, 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 Lake orion, MI
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