PERC Staff Present Updated Economic Information to Local Stakeholders

Aug 27, 2020
Summary: Dennis Jansen, PERC’s director, and Andrew Rettenmaier, PERC’s executive associate director presented updated information about the national, state and local economic impacts of the coronavirus pandemic to local business and community leaders from College Station-Bryan on Thursday, August 27, 2020. The presentation includes information on:
  • The number of unemployment insurance claims in the U.S. and Texas for the week ending August 22, 2020 and August 15, 2020 for College Station-BryanJune unemployment rates for College Station-Bryan, and July rates for Texas and the U.S.
  • A comparison of the June unemployment rates among Texas MSAs
  • 2020 Hotel receipts and inflation adjusted real taxable sales in College Station-Bryan for the first six months of 2020 compared to 2019
  • The number of TSA travelers through August 16, 2020 compared to the same period in 2019
  • The January – July enplanements out of Easterwood Airport for 2019 vs 2020
  • The June College Station-Bryan Business-Cycle and Business-Cycle Index
  • The number of positive Covid-19 cases for Brazos County and Texas through August 26, 2020
  • A forecast on Real GDP and Real Potential GDP from the Congressional Budget Office
  • Local Nonfarm employment through July 2020
  • Employment by industry, indexed to 2009, along with gains from the end of the Great Recession compared to losses since the outset of the current recession 
  • Updated state and local budget scenarios