Oxford, MI's Data
About Oxford, MI's
Oxford is a charming town located in Oakland County, Michigan. Known for its rich historical backdrop, Oxford was settled in the early 19th century and has maintained much of its quaint small-town feel. It is strategically positioned north of Detroit, making it a serene yet accessible locale. The town is celebrated for its well-preserved downtown area, which features architecture from the late 1800s and early 1900s, contributing to its historical significance.
Things To Do in Oxford, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Oxford, MI
Polly Ann Trail - A multi-use trail ideal for hiking, biking, and observing nature.
Scripps Mansion - Historic estate known for its architectural beauty and landscaped grounds.
Centennial Park - A community hub with playgrounds, sports facilities, and space for public events.
Oxford Public Library - Offers a wealth of resources and programs that enrich the community.
Devil's Ridge Golf Club - A well-maintained golf course offering scenic views and challenging play.
The Economy of Oxford, MI
The economy of Oxford, Michigan, is diverse, with a blend of retail, manufacturing, and service industries. The town benefits from its proximity to larger markets like Detroit, facilitating business and commerce. Local businesses are supported by the Oxford Chamber of Commerce, which plays a crucial role in economic development. In recent years, there has been a noticeable growth in small businesses and entrepreneurial ventures, enhancing the town's economic landscape.
Oxford, MI Inflation
Understanding the BLS and Inflation in Oxford, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Oxford, 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 Oxford, 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 Oxford, 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 Oxford, 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 Oxford, MI
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