Economic Indicators of the College Station-Bryan MSA, November 2019
Date: November 2019
The College Station-Bryan Business-Cycle Index rose 0.9% between August and September for an annualized rate of 10.9%, down slightly from the previous month’s growth rate, but well above the long-term growth rate. The unemployment rate was unchanged in September 2019, remaining at its low 2.6% rate. Nonfarm employment in September 2019 decreased from its previous level by 0.4%, but increased 1.5% relative to September 2018. Taxable sales decreased by 2% between August and September, but are up 6.3% from the same month the previous year. The focus this month is on the growth in the local labor market and the composition of earnings by industry.
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