Economic Indicators of the College Station-Bryan MSA, May 2023
Authors: PERC Staff
Date: May 2023
The Business-Cycle Index increased a slight 0.01% from February 2023 to March 2023. The local unemployment rate remained constant at 3.3% in March 2023 compared to its February value. March’s local nonfarm employment decreased by 0.2% from February. Inflation-adjusted taxable sales were down by 0.3% from February 2023 to March 2023. State government employment, primarily Texas A&M University, typically declines about 13% between the spring and summer months each year.
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Keywords: Local economy, College Station-Bryan, unemployment, nonfarm employment, enplanements, employment change by industry, seasonal employment