Parchment, MI's Data
About Parchment, MI's
Parchment, Michigan is a small city located in Kalamazoo County, known for its historical roots in the paper manufacturing industry. The city was founded around a paper mill in the early 20th century and was named after the parchment paper that was produced there. It is situated to the northeast of Kalamazoo, providing residents with a quaint suburban feel while being close to larger city amenities.
Things To Do in Parchment, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Parchment, MI
Kindleberger Park - A central community space that hosts summer festivals and theatrical performances.
The Parchment Community Library - Offers a range of educational and cultural programs for all ages.
Riverview Drive - Known for its scenic views along the Kalamazoo River, ideal for leisurely walks and cycling.
Kindleberger Summer Festival - An annual event featuring a parade, arts and crafts, and live entertainment.
Parchment Valley - A natural area that provides opportunities for hiking and observing local wildlife.
The Economy of Parchment, MI
The economy of Parchment has historically been tied to the paper industry, although the closure of major mills has shifted the economic landscape. Today, the city's economy includes a mix of retail, service industries, and small manufacturing firms. The proximity to Kalamazoo influences its economic environment, with many residents commuting to the larger city for employment.
Parchment, MI Inflation
Understanding the BLS and Inflation in Parchment, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Parchment, 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 Parchment, 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 Parchment, 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 Parchment, 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 Parchment, MI
No results found. Please try another search.
Brought to you by
