Economic Indicators of the College Station-Bryan MSA, December 2018
Date: December 2018
Growth remains positive, but is slowing. The Business-Cycle Index rose at an annualized rate of 2.4%, below the long-run average growth rate, but up slightly from the growth rate for September. The unemployment rate decreased 0.1% in October, to 2.8%. Employment in October decreased at an annualized rate of 1.4% from its September figure, but is up 1.3% from last year’s level in October 2017. In October 2018, real taxable sales were up 3.7% when compared to October 2017. Real wages decreased 0.6% from the first to second quarter of 2018, but displayed an increase of 4.1% over the last year.
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