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Category: Tracking The Texas Economy…

Texas Boom Creates Jobs

July 31, 2013

The monthly review of the Texas Economy, composed by the Real Estate Center, for the month of July shows a positive turn in the job sector. According to the report Texas’ seasonally adjusted unemployment rate fell to 6.5 percent, which is below the national rate, currently at 7.6 percent. Between June 2012 to July 2013 […]

More Jobs Coming to San Antonio Area

July 23, 2013

Texas continues to boom! Amazon has announced that they will start hiring full-time employees for the 1 million square foot fulfillment center they are opening in Schertz. In addition  Wal-Mart is expected to hire approximately 1200 people for the four new stores opening in the Northeast Side (Foster Poad and Binz Engleman), the West Side […]

Alamo City Bonds Receive AAA Rating

July 18, 2013

The Fitch Ratings agency gave their highest rating, a “AAA”, to San Antonio’s bonds scheduled for sell the week of July 15th. The bonds include: The 188.7 million general improvement and refunding bonds series 2013 The 15.2 million combination tax and revenue certificates of obligation both series 2013 For more details on this rating and […]

State Growth Forces Need for Strategic Planning

July 15, 2013

Texas is growing and its happening at a fast past. According to Daniel Gonzales, director of legislative affairs for the Texas Association of Realtors, 1400-1500 people move to Texas a day! This as a good news for businesses and state income but it will require planning on the part of government officials. Items to plan […]

Bureau of Labor Statistics Announces a Real Earnings Rate Decrease

June 20, 2013

Each month the Bureau of Labor Statistics calculates the average amount employees make per hour in the United States in order to determine if interest rates should be lowered or raised. The Labor Department has reported this week that in May the consumer price index went up 0.1 % after a 2 month decline. This […]

2013 Tax Free Weekend

June 17, 2013

Mark your calendars parents and students! The newly passed Senate Bill 485 has rescheduled the Sales Tax Holiday, thousands of Texans participate in every year for August 9th-11th. During these days shoppers aren’t charged tax on most clothing items, shoes and school supplies priced under $100 per item. Keep in mind that with the current tax […]

There is no better place to be than Texas –

April 3, 2013

If  you’re looking for a job right now, there is no better place to be than Texas and very few cities outpace San Antonio. That’s the key finding of a new study analyzing regional job growth by the Washington, D.C.-based Brookings Institution. Of the nation’s Top 100 cities, only 14 had surpassed pre-recession employment levels […]

The Texas Economy – Susan Combs update

April 2, 2013

Job growth, sales tax collections — both from business and consumer purchases — as well as automobile sales, signal that the Texas economy has emerged from the recent recession. Another indicator that the state’s economy has been comparatively healthy was the U.S. Census Bureau report that Texas added more people (421,000) than any other state […]

Eagle Ford Shale Payoff for San Antonio and South Texas

March 28, 2013

The article in the San Antonio Express News on Wednesday  highlights the direct impact of Eagle Ford Shale  – $61 Billion 20 county area 116,000 jobs Projections included that by 2022 – 14 county area would support over 89,000 jobs and approximately 4,600 will work in the “food services and drinking industry” to cater to […]

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