Economic Indicators of the College Station-Bryan MSA, March 2023

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Date

2023-03-23

Journal Title

Journal ISSN

Volume Title

Publisher

Private Enterprise Research Center, Texas A&M University

Abstract

The Business-Cycle Index decreased 0.2% from December 2022 to January 2023. The local unemployment rate increased to 3.2% in January 2023 compared to 3.1% in December. In the March data release, January’s local nonfarm employment decreased by 0.2% from December 2022. Inflation-adjusted taxable sales were down by almost 1% from December 2022 to January 2023. Inflation-adjusted quarterly wages were up by 1.1% in the third quarter of 2022 from the previous quarter.

Description

EconomicStudies_Analysis

Keywords

Local economy, College Station-Bryan, unemployment, nonfarm employment, enplanements, inflation-adjusted hourly wages, EconomicStudies_Analysis

Citation