Economic Indicators of the College Station-Bryan MSA, June 2022

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Date

2022-06-20

Journal Title

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Volume Title

Publisher

Private Enterprise Research Center, Texas A&M University

Abstract

The Business-Cycle Index increased 1.1% from March 2022 to April 2022. The local unemployment rate decreased to 3.3% in April 2022 from 3.4% in March 2022. Local nonfarm employment in April increased by 0.5% from March and was 2.3% higher than its pre- pandemic high in February 2020. Local real taxable sales increased by 3.8% from March 2022 to April 2022 and were 6.4% higher than the same month in 2021. Real total quarterly wages in the fourth quarter of 2021 increased 8.9% from the previous quarter. State Government employment in College Station-Bryan has averaged around 26% of total employment in recent years.

Description

EconomicStudies_Analysis

Keywords

Local economy, College Station-Bryan, unemployment, nonfarm employment, employment by industry, index, enplanements, EconomicStudies_Analysis

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