Walled Lake, MI's Data
About Walled Lake, MI's
Walled Lake is a small city located in Oakland County, Michigan. Named after the notable Walled Lake, the city's history dates back to when it was inhabited by the Potawatomi Native Americans before European settlers arrived in the 1820s. The area was initially developed for its resort potential, capitalizing on the scenic lake and its surroundings. Today, Walled Lake is part of the Detroit metropolitan area, combining its rich historical roots with the vibrancy of modern suburban life.
City: Walled Lake
State: Michigan
Country: United States
Population: 7,061
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 Walled Lake, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Walled Lake, MI
Walled Lake itself - A popular destination for fishing, boating, and seasonal water sports.
Byers Homestead Park - Historical site featuring a log cabin, gardens, and walking trails.
Pavilion Shore Park - A recreational area offering scenic views of Walled Lake, picnic spots, and a boardwalk.
Walled Lake Beach - A local beach providing swimming and a family-friendly atmosphere during the summer months.
Walled Lake City Library - Offers a range of educational programs and resources to the community.
The Economy of Walled Lake, MI
The economy of Walled Lake is diverse, with a mix of local businesses, retail establishments, and services that cater to the daily needs of its residents. The city benefits from its proximity to major economic centers like Detroit, allowing for a workforce that commutes to larger cities while enjoying the lifestyle of a smaller community. Recent economic developments have focused on revitalizing the downtown area and promoting local tourism, especially activities related to the lake and outdoor recreation.
Walled Lake, MI Inflation
Understanding the BLS and Inflation in Walled Lake, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Walled Lake, 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 Walled Lake, 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 Walled Lake, 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 Walled Lake, 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 Walled lake, MI
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