B/CS Economy Thriving

By: Mike George Email
By: Mike George Email

As we hear about the continuing fall of the country's economy -- the news isn't nearly as bad for Bryan/College Station.

If you're spending money in the B/CS, you can take credit for keeping the economy thriving locally.

Here are the numbers from April of this year compared to April of last compiled by the A&M Real Estate Research Center:
Retail Spending is up almost 6%.
Auto sales are racing ahead of this time last year, up 46%.
Visitors keeping adding to the economy as well.
Hotel/Motel tax receipts grew almost 6%.
And Home Sales were also up. In fact, this April was a record April for sales..up 10%.

Now there was a downside to all of the numbers.
Although home sales were up, there were some bargains out there.
Home prices were down almost 5% April to April. Economists expect the economy to level off and move sideways for the rest of the summer locally.

KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 20978329 - kbtx.com/a?a=20978329
Gray Television, Inc.