Lake Point, UT's Data
About Lake Point, UT's
Lake Point is a small community located in Tooele County, Utah. Nestled near the eastern shores of the Great Salt Lake and approximately 25 miles west of Salt Lake City, the area is known for its scenic views and proximity to natural resources. The community's history is closely tied to the development of transportation routes and mining in the region, contributing to its growth and economic foundation over the years.
City: Lake Point
State: Utah
Country: United States
Population: Approximately 1,500
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 Lake Point, UT
Hike: Here are a couple of local trails to check out!
Local Attractions in Lake Point, UT
Great Salt Lake - Enjoy boating, hiking, and observing the unique ecosystem of this large saltwater lake.
Oquirrh Mountains - Popular for hiking, camping, and mountain biking, offering breathtaking views and outdoor adventures.
Deseret Peak Wilderness - A protected area with trails for hiking and horseback riding, and peaks for climbing.
Stansbury Island - Accessible by a causeway, the island is known for hiking, mountain biking, and wildlife viewing.
Tooele County Museum - Explore the history of Tooele County with exhibits on local culture, mining, and the historic railroad.
The Economy of Lake Point, UT
The economy of Lake Point is primarily influenced by its proximity to major transportation routes and the nearby industrial and mining activities. The community benefits from its location near the Interstate 80 corridor, facilitating logistics and distribution services. Additionally, the area's economy is supported by local businesses and services catering to residents and travelers, including retail, hospitality, and outdoor recreational services.
Lake Point, UT Inflation
Understanding the BLS and Inflation in Lake Point, UT
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Lake Point, UT. 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 Lake Point, UT understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Lake Point, UT 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 Lake Point, UT 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 Lake point, UT
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