Economic Indicators of the College Station-Bryan MSA, June 2024

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Date

2024-06-21, 6/21/2024

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Publisher

Private Enterprise Research Center, Texas A&M University

Abstract

The Business-Cycle Index increased 0.3% from March 2024 to April 2024. The local unemployment rate for April 2024 was unchanged from March's value of 3.1%. Local nonfarm employment increased by 0.8% from March to April 2024. Inflation-adjusted taxable sales decreased by 3.6% from March 2024 to April 2024. Inflation-adjusted quarterly wage payments increased by 2.8% in the fourth quarter of 2023 compared to the previous quarter. Employment in the College Station-Bryan MSA was 12.6% higher by April 2024 than it was before the pandemic occurred.

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Keywords

Local economy, College Station-Bryan, unemployment, nonfarm employment, enplanements, employment by industry, Brazos, Texas, EconomicGrowth_Development_TechnicalChange

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