Economic Indicators of the College Station-Bryan MSA, May 2019

Authors: PERC Date: May 2019

The Business Cycle Index decreased by 0.1% between February and March 2019, resulting in an annualized rate of -1.1%. Nonfarm employment in College Station-Bryan increased 0.3% from February to March 2019 and has grown 2.1% from its March 2018 level. The unemployment rate in March remained at a revised rate of 3.0%. Real taxable sales decreased by 0.3% in March 2019. They have grown 2.5% relative to March of 2018.The focus this month is on year-to-year population growth in College Station-Bryan and other comparable metropolitan areas. Over half of population growth in College Station-Bryan between 2017 and 2018 can be attributed to migration, with a larger net inflow of people from international locations than from domestic immigration.

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Keywords: Economic Indicators, GDP, College Station, Bryan, Brazos, economy