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In July, the Texas economy added 35,200 seasonally adjusted Total Nonfarm positions. Texas employers added 323,300 jobs over the year. …Read Entire Post  San Antonio was recently listed among the top-ranked large metros for Economic Growth Potential in Business Facilities’ 15th Annual Rankings Report.
Click to read full article: Atlanta, San Antonio, Phoenix Lead In Economic Growth Potential (Business Facilities, July 29, 2019)
 Aerial view of Brooks Prague-based business and services provider OKIN BPS has selected San Antonio for its U.S. headquarters. The expansion will create around 1,500 jobs and nearly $23 million in capital investment. OKIN BPS has received an incentive from the Texas Enterprise Fund grant for $6.6 million. The new offices will be located at …Read Entire Post  Bank of America will move some of its San Antonio business to Broadway Street Bank of America is leasing 66,000 square feet of office space at Broadway Street near the Pearl. Bank of America will be neighboring Credit Human’s fully leased 10-story office tower. According to Vince Fertitta, Bank of America San Antonio market president, the move is a demonstration of growth strategy in San Antonio. “We continuously evaluate our real estate portfolio to ensure we are optimizing work space so our teams can have stronger collaboration and better serve the needs of our clients. We’re also thrilled to be moving to one of the newest buildings in this growth area of town that has so much to offer our clients and employees.” Silver Ventures Chief Marketing Officer Elizabeth Fauerso said …Read Entire Post  In the e-commerce era, retail components in mixed-use projects like The Domain in Austin are attracting shoppers, both in the state capital and in San Antonio. A mere 80 miles separates Austin and San Antonio, the anchors of the growing Interstate 35 corridor. The two cities have some fundamental cultural differences but share certain economic drivers that have produced healthy retail real estate markets in both metros, albeit with varied results. The most basic economic drivers common to both metro areas are population and employment growth. Like other Texas cities, the Austin and San Antonio metro areas continue to experience a steady stream of new residents and jobs. Although San Antonio often takes a backseat to Austin in various rankings, the Alamo City topped this year’s …Read Entire Post  Survey by Lucas Puente, Lead Economist at Thumbtack San Antonio received an A+ ranking from Thumbtack’s Small Business Friendliness Survey covering small business perceptions of government policy in the United States. This study surveys thousands of entrepreneurs on the state and local public policies that affect their ability to start, operate, and grow a business. In 2018, more than 7,500 …Read Entire Post  A view of the area around Mission San Jose Thursday July 16, 2015. City council favored a proposal which intends to encourage economic development around the missions. This proposal aims to clean up the area and clear way for new development to include retail businesses like coffee shops, restaurants and bookstores in need by South Side residents. The city is raising the zoning designations of some properties to encourage greater density. The South Side is seeing …Read Entire Post
The land is located in Atascosa, La Salle, Live Oak and McMullen counties in the western portion of Pioneer’s Eagle Ford Shale holdings. …Read Entire Post The Real Estate Center’s 28th Annual Outlook for Texas Land Markets conference will be April 26-27. Registration is now open. Experts will cover a variety of legal, economic, social, and natural resources issues influencing current land market dynamics. An optional TREC Legal Update 1 will be offered immediately following the conference. The conference will be at the Omni Hotel at the Colonnade at 9821 Colonnade Blvd. Registration is $230 through March 26. With the optional legal update, the conference costs $250. After March 26, the price goes up by $20. Click here for more information:28th Annual Outlook for Texas Land Markets (Real Estate Center, 2/26/18)
Texas manufacturers made more goods this month and factories are using more of their capacity, according to the Texas Manufacturing Outlook Survey, which polled 113 manufacturers in the state. …Read Entire Post |
Texas’ unemployment rate held steady at 3.4 percent, matching the record-low rate set in June 2019, according to the Texas Workforce Commission. 
Irving-based Pioneer Natural Resources is selling part of its Eagle Ford Shale land holdings for $102 million. Denver-based Sundance Energy Inc. will buy the 10,200 acres that are valued at roughly $10,000 an acre.
Texas manufacturing continued to expand in July with production picking up and optimism about the future rising to its highest level since 2010, according to new data from the Federal Reserve Bank of Dallas.