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Business news

Ryan Loyd / Texas Public Radio

A rebounding economy and growing consumer confidence may contribute to a successful holiday shopping season this year.

The consulting firm Accenture reported that this year 52 percent of consumers will increase their spending by $250 or more. On the whole, the report says people are expected to spend $582 for the holiday. 53 percent say they will brave the crowds on Black Friday.

"We actually started preparing right after the season ended last year,” said Scott Redman, store manager at Wal-Mart in the 8500 block of Jones-Maltsberger.

Dan Melgoza

The Texas Higher Education Coordinating Board has awarded $1.3 million to the Alamo, Coastal Bend, Laredo, South Texas Junior and Victoria Colleges to train and educate workers for the Eagle Ford Shale oil and natural gas boom.

"It's going to train up to 800 individuals to go to work very quickly and be able to make a living wage and be able to make a living wage and support their families and help improve the Texas economy,” said THECB Commissioner Raymund Paredes.

Ryan Loyd / TPR

San Antonio Mayor Julián Castro is not finished jet-setting following the elections. He will now head to Great Britain to talk to politicians, business leaders and top government officials in hopes of strengthening business relationships.

As an invited guest of the British government, Castro’s main mission is economic development.

San Antonio Economic Development Foundation

The new year is only two months away and the city’s economic development leaders are thinking about what challenges and opportunities await in 2013. This week, the city’s Economic Development Foundation presented an action plan to the council committee that looks closely at economic progress in San Antonio.

"We want to be successful,” said the foundation’s president, Mario Hernandez. “What better way to be successful than to establish high goals for economic development?” he asked.

City of San Antonio

Slides at the front of a decorated gymnasium inside the Mission Concepción Sports Complex give guests an idea just how many visitors are coming to San Antonio.

Tourism brings in over $10 billion per year, and one out of every eight employees in San Antonio work in the industry. City leaders figured that's a lot of San Antonians greeting a lot of guests, so they adopted a program to help prepare those who are most involved with visitors.

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