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

Authors: PERC Date: October 2019

The College Station-Bryan Business-Cycle Index reached another all-time high this month. The CSB business-cycle increased almost 1% this month for an annualized rate of 11.8%, extending both the number of months of positive growth and of above-trend growth. The unemployment rate in CSB declined again to 2.6%, establishing yet another record low. Real taxable sales were down by less than 0.5% in August, but are up 5.1% from August of 2018. Nonfarm employment also decreased slightly by 0.2% between July and August. The focus section this month tracks total inflation-adjusted taxable sales and its composition by industry in College Station-Bryan and select Texas metropolitan areas. 

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