Economic Indicators of the College Station-Bryan MSA, January 2024
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Date
2024-01-18, 1/24/2024 10:49
Journal Title
Journal ISSN
Volume Title
Publisher
Private Enterprise Research Center, Texas A&M University
Abstract
The Business-Cycle Index increased by 0.5% from 227 in October to 228 in November 2023. The local unemployment rate decreased to 3.2% in November compared to 3.3% in October. Local nonfarm employment in November increased by 0.05% from October's level. November's inflation-adjusted taxable sales were down by 0.5% from October. For 2022, the new and revised inflation-adjusted Gross Domestic Product (GDP) for College Station-Bryan grew by 16.4% from 2017, where Texas grew 15.3%, and 11.2% for the U.S. over the same period.
Description
Keywords
Local economy, College Station-Bryan, unemployment, nonfarm employment, enplanements, GDP, GDP by industry, Brazos, Texas, EconomicGrowth_Development_TechnicalChange