Business news

Ryan Loyd / TPR

San Antonio economists told members of the Hispanic Chamber of Commerce that San Antonio recovered from the recession faster because it didn’t suffer as great an impact as the rest of the nation, or even Texas.

Keith Phillips with the local branch of the Federal Reserve Bank of Dallas, said metropolitan statistical area's in Texas have recovered all of the jobs lost in the recession, and San Antonio suffered the least:

Eileen Pace / TPR

The Associated General Contractors of America reports that Texas leads the nation in the increase of construction jobs.

It's a sign of an economic comeback for the state, and one local construction executive believes San Antonio’s commercial building industry is outpacing the rest of the state.

Hispanic Chamber of Commerce

San Antonio business leaders have returned home optimistic after a week-long lobbying trip to Washington.

Business leaders, along with officials from the Greater San Antonio Chamber of Commerce and the Hispanic Chamber of Commerce, target certain projects and issues every year as Congress starts looking at new legislation.

Eileen Pace / TPR

Unemployment figures released Friday had bad news and good news for Texas. 

The good news is that over the past year, unemployment in the state has declined almost a full percentage point and remains below the national rate of 7.9 percent for January.

The bad news is that unemployment rose slightly in Texas for the month of January to 6.3 percent; prior to January, the jobless rate had been declining for six months.

Eileen Pace / TPR News

Mayor Julián Castro's movement to re-energize downtown is at the heart of dozens of active projects, and one of the goals of the mayor's transformation programs, SA2020, is to attract people to the city core by building 7,500 apartment units.

One of Castro's confidants is Henry Cisneros, who leads CityView, a company that works with builders to create homes priced within the range of average families.