Economic Indicators of the College Station-Bryan MSA, May 2024
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Date
2024-05-14, 3/20/2024
Journal Title
Journal ISSN
Volume Title
Publisher
Private Enterprise Research Center, Texas A&M University
Abstract
The Business-Cycle Index increased 0.3% from February 2024 to March 2024. The local unemployment rate for March 2024 was 3.1%, unchanged from February 2024. March’s local nonfarm employment was essentially the same as in February 2024, and was up 0.8% from March 2023.Inflation-adjusted taxable sales were up by almost 1.2% from February 2024 to March 2024. Inflation-adjusted quarterly total wage payments were down by 1.6% in the third quarter of 2023 compared to the previous quarter. The median sales price for single family homes in Brazos County increased 8% from the previous year.
Description
Keywords
Local economy, College Station-Bryan, unemployment, nonfarm employment, enplanements, median home sales price, Brazos, Texas, EconomicGrowth_Development_TechnicalChange