The acquisition increases 7-Eleven stores’ footprint in San Antonio, where the country’s largest convenience retailer recently purchased 25 stores as part of its acquisition from TETCO Inc. It also adds to 7-Eleven’s growing fuel wholesale-delivery business because the acquisition includes gasoline distribution to 150 dealer-operated sites. “We continue to build our presence in a rapidly […]
A new report released by Trulia points out, “2013’s Top 10 Healthiest Housing Markets’. It reviews the largest housing markets in the country based on what Trulia identifies as the three fundamental characteristics of a healthy housing market: strong job growth; low, but manageable, vacancy rates; and low foreclosure inventory. These are the best housing markets for […]
Richard Fisher, President of the Federal Reserve Bank of Dallas, discusses how the Texas pro-business attitude should be emulated throughout the country to encourage businesses to invest and to foster economic growth. Video Link
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 […]
The Alamo City seems to be growing in popularity as a top spot to visit according to Orbitz, an online travel company. San Antonio ranked number nine on a Top 10 list for Top U.S. Travel Destinations for 2012, beating Miami. This is the city’s first time on the list and experts say a healthy […]
The Eagle Ford Shale oil and gas play is expected to continue to have a significant economic impact on roughly two-dozen South Texas counties. Wood Mackenzie, a global research firm specializing in energy and metals, has issued new analysis which indicates that companies will invest $28 billion in capitalexpenditures in the Eagle Ford in 2013. Callan […]
“Jobs” was the central issue in the recent election. It is certainly on everyone’s minds with the national unemployment rate hovering around 8%; and if you go to the government’s broadest measure of unemployment which includes all the potential workforce including those who have stopped looking, then, the unemployment rate is at about 15%. It […]
Earlier this year, there were signs that construction would spike in 2013, in the order of 150,000 to 200,000 units. Developers have since postponed many projects to 2014, so that 2013 figures hover closer to 130,000 units – not far off from the pre-recession 10-year annual average of around 125,000 units. The “bubble” now shows […]
“Are we there yet?” – Yes, this was the question your kids asked you on your summer vacation trip this year. It is also the question everyone is asking about The Recovery. Are we THERE yet? Or are we starting another Double Dip? Or just limping into the New Normal malaises? At the moment it […]
San Antonio’s multifamily market has historically been exempt from the fluctuations typical of other Texas cities. Job growth is the most powerful force behind San Antonio’s multifamily growth. The U.S. military has long been one of the region’s largest employers, and San Antonio has been the beneficiary of the Base Realignment and Closure (BRAC) activity, […]
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