Stephenson, MI's Data
About Stephenson, MI's
Stephenson is a small city located in Menominee County in the Upper Peninsula of Michigan. Established in 1875 during the region's lumber boom, Stephenson quickly developed as a hub for the timber industry, benefiting from its strategic location along the railroad line. Today, it maintains a quaint, small-town charm with a rich history reflected in its preserved downtown area and historical buildings.
City: Stephenson
State: Michigan
Country: United States
Population: Approximately 800
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 Stephenson, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Stephenson, MI
J.W. Wells State Park - Offers camping, hiking, and beach activities along the shores of Green Bay.
Menominee County Historical Museum - Displays artifacts and exhibits on the local history of the county.
DeYoung Family Zoo - Features a variety of exotic and native animals in naturalistic habitats.
Harmony Arboretum - Provides a place for nature walks and education about local flora and fauna.
Cedar River State Harbor - Popular spot for fishing, boating, and enjoying waterfront views.
The Economy of Stephenson, MI
The economy of Stephenson, like many small towns in the Upper Peninsula, has historically been centered around the timber industry. However, in recent years, it has diversified with small-scale manufacturing, local businesses, and agriculture playing significant roles. Tourism also contributes to the local economy, with visitors drawn to the area's natural beauty and outdoor recreational opportunities.
Stephenson, MI Inflation
Understanding the BLS and Inflation in Stephenson, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Stephenson, 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 Stephenson, 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 Stephenson, 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 Stephenson, 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 Stephenson, MI
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