Southfield, MI's Data
About Southfield, MI's
Southfield, Michigan, is a prominent city located in Oakland County, known for its vibrant mix of residential, business, and commercial developments. The city was incorporated in 1958 and has grown into a significant suburban center of the Detroit metropolitan area. Southfield is distinguished by its numerous office buildings and the 'Golden Triangle,' an area bounded by the Lodge Freeway (M-10), the Southfield Freeway (M-39), and Interstate 696. The city's history is marked by its transition from a rural farming community to a major business hub.
City: Southfield
State: Michigan
Country: United States
Population: 73208
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Southfield, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Southfield, MI
Park West Gallery - A notable art gallery featuring a wide range of artworks and hosting various art exhibitions.
Civic Center Park - A large public park offering walking trails, sports facilities, and an annual jazz festival.
Lawrence Technological University - A key educational institution known for its engineering, architecture, and business programs.
Southfield Public Library - A modern library providing extensive resources and community programs.
Beech Woods Recreation Center - Offers recreational activities, including a golf course, wellness center, and indoor sports facilities.
The Economy of Southfield, MI
The economy of Southfield is predominantly driven by its status as a prime business center in Metro Detroit, housing over 100 Fortune 500 companies. The city is known for its high concentration of office space, making it one of Michigan's premier business destinations. Southfield's economy benefits from a diverse range of industries, including automotive, technology, and finance, with numerous corporations choosing it as a base for their operations. The city also supports a healthy retail sector and various service industries, contributing to its economic vitality.
Southfield, MI Inflation
Understanding the BLS and Inflation in Southfield, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Southfield, 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 Southfield, 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 Southfield, 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 Southfield, 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 Southfield, MI
No results found. Please try another search.
Brought to you by
