Wolverine Lake, MI's Data
About Wolverine Lake, MI's
Wolverine Lake is a village in Oakland County in the U.S. state of Michigan. The village is named after Wolverine Lake, around which the community was established. Incorporated in 1954, Wolverine Lake was formed with the intention of creating a close-knit community around the lake, fostering a unique village atmosphere. It is part of the Detroit metropolitan area, providing residents with a blend of suburban and lakefront lifestyles.
City: Wolverine Lake
State: Michigan
Country: United States
Population: 4,312
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 Wolverine Lake, MI
Hike: Here are a couple of local trails to check out!
Local Attractions in Wolverine Lake, MI
Wolverine Lake - A popular spot for fishing, boating, and water sports.
Village Hall Park - Offers a playground, picnic facilities, and access to lake activities.
Clara Miller Park - Features walking trails, sports fields, and community events.
Shankin's Landing - Known for its beautiful views of the lake and leisure activities.
Annual Tiki Night - A festive event where residents gather on the lake with decorated pontoons and tiki torches.
The Economy of Wolverine Lake, MI
The economy of Wolverine Lake is primarily driven by local businesses and services that cater to the needs of its residents and tourists. As a residential community, many of its inhabitants commute to larger nearby cities for employment, making it part of the larger economic ecosystem of the Detroit metropolitan area. The presence of the lake also supports local businesses related to recreation and hospitality.
Wolverine Lake, MI Inflation
Understanding the BLS and Inflation in Wolverine 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 Wolverine 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 Wolverine 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 Wolverine 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 Wolverine 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 Wolverine lake, MI
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