A monthly gauge of economic activity in the twin cities shows an overall recovery from the pandemic.
That’s according to the latest College Station-Bryan business cycle index that is compiled by Texas A&M’s private enterprise research center (PERC).
Center director Dennis Jansen says the monthly report uses four sets of data…the local unemployment rate, the local number of people who are employed, the total income of workers, and a measure of retail sales that is adjusted for inflation.
Jansen says the segment with the biggest recovery is employment in the local leisure and hospitality industry.
Click HERE to be directed to the PERC website that contains the local business cycle index reports.
September will mark four years that the PERC report was first published for the Brazos Valley economic development corporation (BVEDC).
Click HERE to read and download the April 2022 report provided by the BVEDC.
Click below for comments from Dennis Jansen, visiting with WTAW’s Bill Oliver.