Owosso, MI's Data
About Owosso, MI's
Owosso is a city located in Shiawassee County in the state of Michigan, United States. Established in 1859, Owosso carries a rich history named after Chief Wosso, an Ojibwa leader. The city is situated west of Flint and northeast of Lansing, serving as a cultural and historical hub in the region. Owosso is known for its architectural heritage, including the preservation of the homes of prominent figures such as author James Oliver Curwood.
Things To Do in Owosso, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Owosso, MI
Curwood Castle - Historical home of author James Oliver Curwood, now a museum showcasing his life and work.
Steam Railroading Institute - Offers exhibits and train rides focusing on the history of steam railroading in Michigan.
Shiawassee Arts Center - Features art exhibits, classes, and workshops promoting local art and artists.
Comstock Pioneer Cabin - Historic cabin providing insights into the early settler life of the region.
Downtown Owosso - Vibrant downtown area with shops, eateries, and seasonal events, reflecting the community's spirit.
The Economy of Owosso, MI
The economy of Owosso is diverse, encompassing manufacturing, healthcare, and retail sectors. Historically, the city thrived on the manufacturing of carriages and automobiles, and while manufacturing remains a component of the local economy, service industries and healthcare have grown in prominence. Owosso's strategic location contributes to its economic stability, supported by small businesses and entrepreneurial ventures.
Owosso, MI Inflation
Understanding the BLS and Inflation in Owosso, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Owosso, 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 Owosso, 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 Owosso, 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 Owosso, 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 Owosso, MI
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