Monroe, MI's Data
About Monroe, MI's
Monroe, Michigan, is a historically rich city located on the western shores of Lake Erie. Founded in 1785, Monroe is one of the oldest communities in the state, with a prominent role in the War of 1812, particularly during the Battle of the River Raisin. The city serves as the county seat of Monroe County and is part of the Detroit metropolitan area. Its strategic location has played a significant role in its development, both economically and culturally.
Things To Do in Monroe, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Monroe, MI
River Raisin National Battlefield Park - A site commemorating the War of 1812 battles, offering historical insights and walking trails.
Sterling State Park - The only state park on Lake Erie, featuring camping, fishing, and beach activities.
Monroe County Historical Museum - Showcases local history through artifacts and exhibits, including those on the War of 1812.
Dundee Historic District - A nearby area known for its well-preserved 19th-century architecture and vibrant community events.
The Monroe Art League - Provides galleries and workshops to promote local art and artists.
The Economy of Monroe, MI
The economy of Monroe is diverse, with a strong foundation in manufacturing, energy, and retail. Major economic contributors include the Monroe Power Plant, one of the largest coal-fired plants in the country, and La-Z-Boy, which maintains its international headquarters in Monroe. The presence of these large employers has spurred growth in ancillary services and retail sectors, making the city a regional economic hub.
Monroe, MI Inflation
Understanding the BLS and Inflation in Monroe, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Monroe, 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 Monroe, 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 Monroe, 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 Monroe, 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 Monroe, MI
No results found. Please try another search.
Brought to you by
