Algoma, WI's Data
About Algoma, WI's
Algoma, situated in Kewaunee County, Wisconsin, is a charming city known for its picturesque harbor and rich fishing heritage. Established in the early 19th century, Algoma provides a gateway to the Door Peninsula and is nestled on the shores of Lake Michigan. Its history is deeply intertwined with the fishing and maritime industries, which have shaped its development over the years. The city's strategic location has made it a significant player in regional commerce and tourism.
Things To Do in Algoma, WI
Hike: Here are a couple of local trails to check out!
Local Attractions in Algoma, WI
Algoma Pierhead Light - A historic lighthouse offering scenic views and a glimpse into the city's maritime history.
Crescent Beach and Boardwalk - A popular spot for relaxation, swimming, and walking, with stunning lakeside views.
von Stiehl Winery - Wisconsin's oldest licensed winery, providing wine tastings and tours.
Ahnapee State Trail - A multi-use trail perfect for biking, hiking, and winter sports, tracing the old railroad route between Algoma and Green Bay.
Algoma Marina - A hub for fishing, boating, and observing waterfront activities, with amenities for visitors.
The Economy of Algoma, WI
The economy of Algoma is primarily driven by tourism, manufacturing, and its commercial fishing industry. The city benefits from its scenic location on Lake Michigan, attracting visitors with its natural beauty and recreational opportunities. Local businesses thrive on the influx of tourists, particularly during the summer months. Additionally, Algoma's manufacturing sector includes companies specializing in machinery and equipment, contributing to its economic diversity.
Algoma, WI Inflation
Understanding the BLS and Inflation in Algoma, WI
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Algoma, WI. 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 Algoma, WI understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Algoma, WI 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 Algoma, WI 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 Algoma, WI
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