Economic Indicators of the College Station-Bryan MSA, January 2020
Date: January 2020
The College Station-Bryan Business-Cycle Index has been rebased to January 2001 starting with this month’s edition of Economic Indicators. The value of the new index was 201 in November 2019, a 0.3% increase from October. The unemployment rate remained unchanged from its previous level of 2.7%. Nonfarm employment displayed a monthly increase of 0.6% in the month of November 2019 and is 3.6% higher than November 2018. Taxable sales decreased slightly in the month of November 2019 by 0.5% but were 6.4% higher than the same month in 2018. The focus section examines the local area Gross Domestic Product (GDP) data release by the Bureau of Economic Analysis (BEA) and compares College Station-Bryan (CSB) to other Texas localities.
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