Annual Inside BCS event offers crash course on local topics

The Chamber of Commerce’s annual Inside BCS all-day event Wednesday gave community members and local business leaders a chance to learn more about K-12 education, higher education, local and county government, economic development, health care, communication and criminal justice in the area.

Brazos Valley Economic Development Corporation President and CEO Matt Prochaska noted during the economic development discussion that a Belgium company called the triangle “magic.”

With a $22.6 billion gross market value in 2017 — and the 2018 numbers still to come — and a historic low unemployment rate of 2.8%, he said, the area is being included in benchmarks with Houston, Dallas, Austin and San Antonio like never before, attracting national and international attention.

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Annual Inside BCS event offers crash course on local topics

 

College Station No. 3 U.S. city for career opportunities

SmartAsset has ranked College Station No. 3 city in its fifth annual study of the best cities in the United States for career opportunities. College Station is the only Texas city in the top 15.  Read more

College Station rated as the No. 3 U.S. city for working parents

SmartAsset.com ranks College station as the No. 3 city in America for working parents. Here’s what it had to say:

After missing out on last year’s top 10, College Station, Texas once again ranks as a great place for working parents. For one, unemployment in the city is relatively low at 2.70%. Getting to work is also easy, given an average commute time of about 16 minutes. That’s the 20th-shortest commute time in the study. College Station ranks among the safest in the study with a violent crime rate that ranks in the top 25% of all cities. Childcare costs are low and rank in the top 12% of cities.

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The Top 10 Cities for Working Parents in 2019

1 Million Cups community celebrates first year

Brazos Valley entrepreneurs are spending one morning a week exchanging ideas as part of a national program designed to improve business ecosystems.

On February 20, 2019, the College Station “community”of 1 Million Cups celebrated its first year of gatherings. Each Wednesday at 8:15AM, Startup Aggieland’s offices in Texas A&M University’s Research Park play host to a presentation, Q&A, networking and coffee.

1 Million Cups community celebrates first year (Brazos Valley Economic Development Corporation)

 

College Station’s average rent fell by 1.7 percent in last year, the fifth biggest drop in the U.S.

RENTCafe‘s Apartment Market Report for January shows that the average rent in College Station declined by 1.7 percent since January 2018, the fifth largest drop in the country. The number was the second biggest decline among small cities.

Nationally, the average rent rose by 3.3 percent in the last year.

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The National Average Rent Stagnated in January

 

 

Milken names B-CS best-performing small metro in Texas

The Milken Institute, a non-profit think tank located in California, has rated the College Station-Bryan as the best performing small metro in Texas for 2018. The B-CS area ranked No. 22 nationally. The only other small Texas metros in the top 100 are Sherman-Denison (47), Tyler (65), Midland (67) and Amarillo (95).

The Milken Institute’s Best-Performing Cities index provides an objective benchmark for examining underlying factors for and identifying unique characteristics of economic growth in prosperous regions. The index uses an outcomes-based set of metrics such as job creation, wage gains, and technological developments to evaluate the relative growth of metropolitan areas.

2018 Best Performing Cities: Where America’s Jobs are Created and Sustained

Growth focus of Chamber’s annual economic outlook conference

“Cautious optimism” was the overall forecast for the local economy given Wednesday during the Bryan-College Station Chamber of Commerce’s annual Economic Outlook Conference.

Leaders in education, local government, economic development and tourism touted the new jobs, schools, businesses, housing and other markers of growth the area has seen in response to the climbing population, thanks in no small part to enrollment numbers at Texas A&M University. Keynote speaker Jim Gaines, chief economist for the Texas Real Estate Research Center at A&M, told the crowd at the College Station Hilton that he expects 2018’s growth pattern will continue into 2019.

Read the complete article in The Eagle

 

Monthly Metrics show B-CS economy continues to perform well

The Bryan-College Station area’s economy continues to hum along, according to an index that measures a number of economic factors and metrics.

The metro area’s unemployment rate, at 2.9 percent, is tied for the lowest rate of the century in the rapidly growing region. Employment has neared an all-time high of about 120,000 jobs

The College Station-Bryan Business-Cycle Index, released monthly by Texas A&M University’s Private Enterprise Research Center (PERC), attempts to reflect the current state of the economy.

Read the complete article in The Eagle

 

Booming Eagle Ford is helping some Texas oil workers skip a 450-mile trek to Permian Basin

CALDWELL, Texas (AP) — Three years ago, Allen Startz found himself in an unwanted kinship with thousands of other oilfield workers in South Texas’ Eagle Ford shale — laid off with few prospects nearby.

The Houston Chronicle reports he left his home in Bryan to work in the Permian Basin in West Texas, making plenty of money, but growing exhausted from the grueling 450-mile trip he made every couple of weeks to visit his family, whom he missed dearly.

Today, however, he wakes up in his own bed each morning and heads to a job operating oilfield services trucks in the northeastern Eagle Ford, just 30 miles away.

The Houston oil company WildHorse Resource Development is targeting the northeastern section of the shale, near College Station, where it holds 400,000 acres and has five rigs operating.

Read the full story on dallasnews.com.