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

The Business-Cycle increased 1.2% from February 2022 to March 2022. The local unemployment rate decreased to 3.4% in March 2022 from 3.6% in February 2022. Local nonfarm employment in March increased by 0.3% from February and was 1.71% higher than its pre-pandemic high in February 2020. Local real taxable sales decreased 0.3% from February 2022 to March 2022, but were 0.6% higher than the same month in 2021. Fiscal year 2022 inflation adjusted Texas tax revenues through April are 20.8% higher than the same period in fiscal year 2021.

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