| WHY INVEST IN SAN ANTONIO |
ABOUT SAN ANTONIO
The city of San Antonio, situated in south-central Texas, is the county seat of Bexar County, which is the third largest county in the state of Texas. Considered a gateway of foreign trade, San Antonio is recognized by Business Facilities magazine as one of the
five major logistical locations in the country for warehousing and distribution. It benefits from its proximity to Mexico and has reaped the economic rewards of the North American Free Trade Agreement (NAFTA). Over half of the goods moving in and out of Mexico pass through the city of San Antonio and this trade is expected to grow. Thirty percent of the city's retail market demand comes from shoppers living in Mexico.
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| THE ALAMO-SAN ANTONIO, TX |
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"Texas’ population is projected to grow by ten million people, from about 23 million in 2005 to 33 million by 2030, a 43.5 percent increase or roughly 1.7 percent per year."
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POPULATION
The US Census Bureau indicated that San Antonio was the nation's second fastest growing major city from 1990 to 2000. The city grew 14.5% percent over that decade to a population of 1,144,646. The reported 2007 population estimate is 1,259,735 indicating a growth rate over the past seven years of over 1.4% per year. The San Antonio Metropolitan Statistical Area (MSA) that includes Bexar, Comal, Guadalupe, and Wilson counties has a current population of 1,985,996 with over 1.5 percent annual growth projected through the year 2012. The MSA grew by 21.6% between 1990 and 2000,
which is similar to the overall state of Texas at 22% over the same time.
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EMPLOYMENT
San Antonio is considered the economic trade center for an area that includes Bexar, Comal, Wilson and Guadalupe counties representing the San Antonio Metropolitan Statistical Area (MSA). The total MSA civilian labor force (C.L.F.) is 930,495. The current unemployment rate is approximately 3.8% as compared to the entire state of
Texas at 4.2%.
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S.A. is no. 2 on list of 'recession-proof' cities
The Forbes.com study ranks San Antonio second only to Oklahoma City in its ability to withstand recessionary pressures
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Alamo City records strong business growth, Fed index shows San Antonio's economy continued to grow in January with a 4.5 percent increase in its business cycle index, the Federal Reserve Bank of Dallas reports.
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San Antonio Offers
One of the fastest growing job markets
Lower business and lifestyle costs than comparable cities
A well educated productive workforce
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Largest Public Sector Employers
Lackland Air ForceBase/37th Training Wing, Fort Sam Houston, Randolph Air Force Base, City of San Antonio, Northside Independent School District, University of Texas Health Science Center at San Antonio, University Health System, CPS Energy, Bexar County, University of San Antonio, Brooke Army Medical Center, Brooks City-Base, U.S. Postal Service, San Antonio Police Department and South Texas Veterans Health Care System.
Source: Largest Employers Directory 2006, The Greater San Antonio Chamber of Commerce
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Largest Private Sector Employers
AT&T, H.E.B. Grocery Company, Valero Energy Corporation, USAA, Zachry Group,
Sanitors, Inc., Baptist Health System, Methodist Health System,
Administaff, Eye Care Centers of America, Taco Cabana,
VIP Temporaries,
Frost National Bank, Southwest Research Institute, Aaron Rents and Sells Furniture,
Christus Santa Rosa health Care, Wachovia, JP Morgan Chase Bank and Citicorp.
Source: Largest Employers Directory 2006, The Greater San Antonio Chamber of Commerce
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Total Employment San Antonio MSA
Total Wage and Salary Employment 11,535,540
Civilian Labor Force 926,108
Unemployment 40,888
Unemployment rate 4.2%
Source: Alamo Worksource
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Taxing Authority Rate per $100
Bexar County 0.295
City of San Antonio 0.572
School Districts 1.16-1.145
Source: Bexar County Tax Assessors Office and Texas Comptroller of Public Accounts
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