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

Authors: PERC Staff Date: October 2021

The Business-Cycle Index increased by 0.6% from July to August 2021. The revised local unemployment rate decreased from 4.3% to 4.2% in August. Local nonfarm employment decreased slightly, by 0.1% in August, and was 3.1% below its February 2020 pre-pandemic level. Real taxable sales increased by 1.2% from July to August and were 1.1% higher than in February 2020. Hotels in Brazos County are rebounding, with total hotel receipts for the months of May to August reaching 93% of total receipts for the same months of 2019. The number of travelers out of Easterwood Airport was 9% higher in September 2021 than in August 2021 and was 89% of the number from September 2019.

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Keywords: Local economy, College Station-Bryan, unemployment, index, hotel room rates, hotel occupancy, enplanements, Texas