Economic Indicators of the College Station-Bryan MSA, February 2022

Authors: PERC Staff Date: February 2022

The Business-Cycle Index increased by 0.8% from November to December 2021. The local unemployment rate decreased to 3.8% in December from 3.9% in November. Local nonfarm employment increased by 0.6% in December and was 2.5% lower than its pre- pandemic high in February 2020. Local real taxable sales slightly decreased 0.6% from November to December 2021 but were 14.7% higher than the same month in 2020. Nationally, the total number of air travelers in 2021 rebounded to 69% of the 2019 count, with November and December rising to 84% of the same months in 2019.

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