Wayland, MI's Data
About Wayland, MI's
Wayland is a small city located in Allegan County, Michigan, United States. Established in 1868, it has developed from a primarily agricultural area to a more diversified community. Situated along U.S. Route 131, Wayland serves as a connector between Grand Rapids and Kalamazoo, making it a strategic location for businesses and commuters. The city is known for its rich history, which is preserved in its downtown architecture and local museum.
Things To Do in Wayland, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Wayland, MI
Gun Lake Casino - A popular gaming and entertainment destination offering a variety of games, dining options, and events.
Wayland City Park - Features sports facilities, a playground, and picnic areas, ideal for family outings and community events.
Wayland Historical Museum - Showcases the city's history through artifacts, photographs, and exhibits.
Chief Noonday Trail - Offers scenic routes for hiking, biking, and outdoor activities, connecting to the larger North Country Trail.
Wayland Main Street - A vibrant area with local shops, eateries, and periodic street festivals, reflecting the community's spirit.
The Economy of Wayland, MI
The economy of Wayland is a blend of local businesses, retail, manufacturing, and service industries. Key economic drivers include the Gun Lake Casino, which is a significant employer and attracts visitors from surrounding areas. The city also benefits from its proximity to larger markets like Grand Rapids and Kalamazoo, facilitating commerce and providing employment opportunities for residents. Additionally, Wayland hosts several community events that support local businesses and foster a sense of community.
Wayland, MI Inflation
Understanding the BLS and Inflation in Wayland, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Wayland, 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 Wayland, 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 Wayland, 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 Wayland, 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 Wayland, MI
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