Lincoln Park, MI's Data
About Lincoln Park, MI's
Lincoln Park is a city in Wayne County in the U.S. state of Michigan. It is a part of the Metro Detroit area and is located directly southwest of Detroit. The city was named after Abraham Lincoln and was incorporated as a city in 1925. Historically, Lincoln Park developed as a bedroom community for Detroit, with many residents working in the larger city's industrial sector.
City: Lincoln Park
State: Michigan
Country: United States
Population: 36066
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 Lincoln Park, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Lincoln Park, MI
Council Point Park - A historical park where Chief Pontiac held council in 1763.
Lincoln Park Historical Museum - Offers exhibits on local history, including the development of the city and its role in the automotive industry.
Youth Center Park - Features sports facilities, a playground, and community events, making it a hub for family activities.
Bandshell - An outdoor venue hosting concerts and community events throughout the year.
Lincoln Park Farmers Market - A seasonal market offering fresh local produce and goods.
The Economy of Lincoln Park, MI
The economy of Lincoln Park has traditionally been linked to the manufacturing sector, particularly the automotive industry, due to its proximity to Detroit. Over the years, retail and services have also become significant, with numerous businesses catering to the local population and visitors. The city has seen economic transformations as it adapts to broader regional and national economic shifts.
Lincoln Park, MI Inflation
Understanding the BLS and Inflation in Lincoln 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 Lincoln 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 Lincoln 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 Lincoln 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 Lincoln 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 Lincoln park, MI
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