Economic Indicators of the College Station-Bryan MSA, July 2021

Authors: PERC Staff Date: July 2021

The Business-Cycle Index increased by 0.7% from April 2021 to May 2021. The revised local unemployment rate decreased from 5.3% to 5.2% in May. Local nonfarm employment increased slightly by 0.8% in May and was 4.3% below its February 2020 pre-pandemic level. Real taxable sales decreased 2.7% from April to May and was 0.8% lower than it was in February 2020. Single family housing permits and values have risen in recent months to their highest levels in 15 years. The number of travelers out of Easterwood Airport was slightly higher in June 2021 than in May and was 91.3% of the number in June 2019.

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Keywords: Local economy, College Station-Bryan, unemployment, index, home values, enplanmements