Economic Indicators of the College Station - Bryan MSA, January 2025

Abstract

The Business-Cycle Index decreased 0.2% from October 2024 to November 2024.1 The local unemployment rate increased to 3.3% in November 2024 compared to 3.2% in October. Local nonfarm employment increased by 0.04% from October 2024 to November 2024. Inflation-adjusted taxable sales decreased by 1% from October 2024 to November 2024. For 2023, the newly released Real Gross Domestic Product (GDP) for the College Station-Bryan MSA grew at an annualized rate of 3.9%, more than both the state of Texas (at 3.8%) and the entire U.S.(at 2.3%) over the same period