Wixom, MI's Data
About Wixom, MI's
Wixom is a small city located in Oakland County in the state of Michigan. Originally a village that was incorporated in 1958, it has grown due to its strategic location near major transportation routes. Wixom is known for its mix of residential, industrial, and commercial sectors, contributing to its diverse local economy. The city's history is tied to the automotive industry, which played a significant role in its development and growth.
Things To Do in Wixom, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Wixom, MI
Wixom Habitat - A nature preserve offering walking trails and wildlife viewing opportunities.
Proud Lake Recreation Area - Known for its extensive trail system, camping facilities, and water activities on the Huron River.
Suburban Collection Showplace - A large convention center hosting various events, expos, and trade shows.
Wixom Public Library - A community hub offering a wide range of resources, programs, and events for all ages.
Draught Horse Brewery - A popular local brewery known for its craft beers and lively atmosphere.
The Economy of Wixom, MI
The economy of Wixom is diverse, with a strong emphasis on manufacturing, retail, and services. The city was once home to a Ford Motor Company assembly plant, which significantly contributed to its economic development until its closure in 2007. Since then, Wixom has been focusing on attracting a variety of businesses, including technology and health care companies, to diversify its economic base and provide employment opportunities to its residents.
Wixom, MI Inflation
Understanding the BLS and Inflation in Wixom, MI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Wixom, 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 Wixom, 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 Wixom, 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 Wixom, 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 Wixom, MI
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