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

Authors: PERC Staff Date: December 2022

The Business-Cycle Index increased 0.3% from September 2022 to October 2022. The local unemployment rate remained the same at 3.1% in October 2022, October’s local nonfarm employment increased by 0.4% from September. Local seasonally adjusted real (inflation-adjusted) taxable sales decreased by 0.7% from September to October 2022. Inflation-adjusted quarterly total earnings were released this month and increased by 1.7% from the first to second quarter of the year. Among comparable college towns, the percentage of the population 20-24 years of age was highest in College Station-Bryan at 17.4%.

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Keywords: Local economy, College Station-Bryan, unemployment, nonfarm employment, enplanements, college towns, population, composition, age group