Economic Indicators of the College Station-Bryan MSA, April 2024
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Date
2024-04-17, 3/20/2024
Journal Title
Journal ISSN
Volume Title
Publisher
Private Enterprise Research Center, Texas A&M University
Abstract
The Business-Cycle Index increased 0.2% from January to February 2024. The local unemployment rate for February 2024 was 3.1%, unchanged from the previous month. February’s local nonfarm employment increased by 0.2% from January 2024. Inflation-adjusted taxable sales were down by almost 1% from January 2024 to February 2024. Inflation-adjusted quarterly wage payments were down by 1.6% in the third quarter of 2023 compared to the previous quarter. College Station - Bryan ranks ninthth-lowest in overall Regional Price Parity and in Regional Housing Price Parity among eleven selected college towns.
Description
Keywords
Local economy, College Station-Bryan, unemployment, nonfarm employment, enplanements, regional price parities, Brazos, Texas, EconomicGrowth_Development_TechnicalChange