Economic Indicators of the College Station-Bryan MSA, September 2023
Authors: Ashley Bullock, Dennis W. Jansen, Somali Ghosh-Sinha
Date: September 2023
The Business-Cycle Index increased from 228 in June 2023 to 229 in July. The local unemployment rate remained unchanged at 3.3% in July 2023 compared to June. Local nonfarm employment decreased by 0.2% from June to July. July’s inflation-adjusted taxable sales were up by 0.6% from June. Inflation-adjusted quarterly wage payments increased by 2% from its previous quarter. Oil natural gas tax revenue increased by 21% from February 2020 to August 2023.
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Keywords: Local economy, College Station-Bryan, unemployment, nonfarm employment, enplanements, oil, natural gas, production, taxesBrazos, Texas