Economic Indicators of the College Station - Bryan MSA, November 2024
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Date
2024-11-21, 9/19/2024
Journal Title
Journal ISSN
Volume Title
Publisher
Private Enterprise Research Center, Texas A&M University
Abstract
The Business-Cycle Index increased 0.2% from August 2024 to September 2024. The local unemployment rate remained steady at 3.2% in September 2024 compared to August 2024. Local nonfarm employment decreased by 0.1% from August 2024 to September 2024. Inflation-adjusted taxable sales decreased by 2% from August 2024 to September 2024. Cumulative inflation-adjusted Texas state tax revenues for fiscal year 2024 surpassed fiscal year 2019 by 12.6%. Tax revenues were actually 3.4% lower in fiscal year 2024 compared with fiscal year 2023.
Description
Keywords
Local economy, College Station-Bryan, unemployment, nonfarm employment, enplanements, Texas, taxes, tax revenues, EconomicGrowth_Development_TechnicalChange