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

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Date

2024-07-17, 7/17/2024

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Publisher

Private Enterprise Research Center, Texas A&M University

Abstract

The Business-Cycle Index increased 0.3% from April 2024 to May 2024. The local unemployment rate for May 2024 was unchanged from the April value of 3.1%. Local nonfarm employment increased by 0.2% from April to May 2024. Inflation-adjusted taxable sales decreased by 3.2% from April 2024 to May 2024. Inflation-adjusted quarterly wage payments increased by 2.8% in the fourth quarter of 2023 compared to the previous quarter. Texas A&M had the highest total enrollment and engineering enrollment among selected MSAs that house large universities.

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Keywords

Local economy, College Station-Bryan, unemployment, nonfarm employment, enplanements, enrollment, college, occupations, jobs, Brazos, Texas, EconomicGrowth_Development_TechnicalChange

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