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.

Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to comments@kbtx.com. Please provide detailed information.

powered by Disqus
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.