Economic Indicators of the College Station-Bryan MSA, February 2024
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Date
2024-02-15
Journal Title
Journal ISSN
Volume Title
Publisher
Private Enterprise Research Center, Texas A&M University
Abstract
The Business-Cycle Index increased from 226 in May 2023 to 228 in June 2023. The local unemployment rate decreased from 3.4% in May 2023 to 3.3% in June 2023. Local nonfarm employment increased by 0.3% from May to June. June’s inflation-adjusted taxable sales were down by 1.2% from May. By using a modified poverty measure that adjusts for college students, the poverty rate in Brazos County drops from 25% to 18%.
Description
EconomicGrowth_Development_TechnicalChange
Keywords
local economy, College Station-Bryan, unemployment, nonfarm employment, enplanements, hotels, visitors, hotel receipts, Brazos, Texas, EconomicStudies_Analysis, PublicFinance