Lowell, MI's Data
About Lowell, MI's
Lowell is a city located in Kent County, Michigan. Nestled at the confluence of the Flat and Grand Rivers, it serves as a gateway to the greater Grand Rapids area. Established in the early 19th century, Lowell has a rich history tied to the lumber and furniture industries, which were pivotal in its development. The city's strategic location on these rivers facilitated the transportation of goods, contributing to its growth and economic significance in the region.
Things To Do in Lowell, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Lowell, MI
Fallasburg Covered Bridge - A historic wooden covered bridge dating back to 1871, offering picturesque views and a glimpse into 19th-century engineering.
Lowell Area Historical Museum - Showcases the rich history of Lowell with exhibits on local culture, industry, and daily life through the ages.
Lowell Riverwalk - A scenic pathway along the Grand River, providing opportunities for walking, biking, and observing local wildlife.
Lowell Showboat - A historic showboat that hosts various cultural and community events, enhancing local traditions and entertainment.
Stoney Lakeside Park - A recreational area with facilities for fishing, picnicking, and sports, making it a popular family destination.
The Economy of Lowell, MI
Today, Lowell's economy is a blend of manufacturing, retail, and services. The presence of several manufacturing firms, which produce goods ranging from advanced industrial equipment to consumer products, plays a crucial role in the local economy. The city also benefits from its proximity to Grand Rapids, allowing residents and businesses to leverage the larger urban economy while maintaining a small-town feel. The local Chamber of Commerce actively supports small businesses, enhancing the economic landscape through various initiatives.
Lowell, MI Inflation
Understanding the BLS and Inflation in Lowell, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lowell, 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 Lowell, 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 Lowell, 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 Lowell, 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 Lowell, MI
No results found. Please try another search.
Brought to you by
