Plymouth, MI's Data
About Plymouth, MI's
Plymouth, Michigan, is a small yet historically rich city located in Wayne County, approximately 26 miles west of Detroit. Founded in 1825, Plymouth boasts a vibrant history that is closely tied to the early automotive industry in the United States. The city is known for its well-preserved downtown area, which features a variety of architectural styles spanning several centuries, and its community-focused atmosphere.
Things To Do in Plymouth, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Plymouth, MI
Kellogg Park - The central gathering spot in downtown Plymouth, known for its beautiful green space and community events.
Plymouth Historical Museum - Offers exhibits on the history of Plymouth and the surrounding region, with a focus on its early American roots.
Penn Theatre - Historic single-screen theater offering a nostalgic movie-going experience with modern films.
Plymouth Ice Festival - An annual event that transforms the town into a winter wonderland with spectacular ice sculptures.
Maybury State Park - Offers extensive trails for hiking, horseback riding, and cycling, located just a short drive from Plymouth.
The Economy of Plymouth, MI
The economy of Plymouth is diversified, with a strong emphasis on manufacturing, particularly in automotive parts. The city benefits from its proximity to Detroit, the heart of the American auto industry, which provides significant employment opportunities and economic ties. In addition to manufacturing, Plymouth has a growing service sector, including retail, healthcare, and education, which contribute to the local economy.
Plymouth, MI Inflation
Understanding the BLS and Inflation in Plymouth, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Plymouth, 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 Plymouth, 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 Plymouth, 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 Plymouth, 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 Plymouth, MI
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