Economic Indicators of the College Station-Bryan MSA, February 2023

Authors: PERC Staff Date: February 2023

The Business-Cycle Index increased 0.8% from November 2022 to December 2022. The local unemployment rate decreased to 3.1% in December 2022 compared to 3.2% in November. December’s local nonfarm employment increased by 0.3% from November to December. Inflation-adjusted taxable sales were down by almost 1% from November to December. The inflation-adjusted median listing price per square foot for local housing increased 21% from January 2021 to December 2022.

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Keywords: Local economy, College Station-Bryan, unemployment, nonfarm employment, enplanements, housing permits, house cost, median house price