Economic Indicators of the College Station-Bryan MSA, March 2022
Date
2022-03-28Metadata
Show full item recordAbstract
The Business-Cycle increased 0.8% from December 2021 to January 2022. The local unemployment rate decreased to 3.7% in January 2022 from 3.8% in December 2021. Local nonfarm employment was revised upwards with the March release, increasing by 0.4% in January and was 1.33% higher than its pre-pandemic high in February 2020. Local real taxable sales decreased 1.2% from December 2021 to January 2022 but were 6.1% higher than the same month in 2021. Oil and gas price increases have resulted in rising state oil and gas production tax revenues. Locally and nationally, the numbers of air travelers in February 2022 were about 80% of the February 2020 counts.
Description
EconomicStudies_AnalysisSubject
Local economyCollege Station-Bryan
unemployment
nonfarm employment
real taxable sales
index
enplanements
Texas
oil
natural gas
taxes
Collections
Citation
Bullock, Ashley; Jansen, Dennis W.; Navarro, Carlos I.; Rettenmaier, Andrew J. (2022). Economic Indicators of the College Station-Bryan MSA, March 2022. Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library. Available electronically from https : / /hdl .handle .net /1969 .1 /199471.