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

Authors: PERC Staff Date: September 2021

The Business-Cycle Index increased by 1.6% from June to July 2021. The revised local unemployment rate decreased substantially, from 5.0% to 4.4% in July. Local nonfarm employment decreased slightly, by 0.2% in July, and was 3.3% below its February 2020 pre-pandemic level. Real taxable sales also decreased slightly, by 0.2% from June to July and was 0.1% lower than it was in February 2020. Wages from the first quarter of 2021 were down 0.4% from the first quarter of 2020, and 2.1% lower than the fourth quarter of 2020. The number of travelers out of Easterwood Airport was 7% lower in August 2021 than in July 2021, and was 91% of the number from August 2019.

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Keywords: Local economy, College Station-Bryan, unemployment, index, migration, enplanements, real taxable sales, Texas