economy

Fronteras Desk
11:23 am
Thu March 21, 2013

Historic Genocide Trial & The Declining Interest In Chicano Studies

The Guatemalan Foundation for Forensic Anthropology has been digging up mass graves for years, uncovering evidence for war crimes trials, and returning remains to victims' families.
Jill Replogle Fronteras

After decades of impunity, a former Guatemalan strongman stands trial for genocide. How the proposed minimum wage increase would affect Latinos. How a declining interest in Chicano studies reflects an identity shift for many Latinos. This summer, Phoenix, Ariz. is trying to diversify city lifeguards, the classic summer job for teens.

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Economy & Jobs
3:48 pm
Wed March 20, 2013

Local Economists Say San Antonio Has Bounced Back From Recession

The increase in housing development, like the one at the former Birdsong Peanut Factory on the West Side is helping San Antonio continue to recover economically.
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:

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Construction
12:56 pm
Wed March 20, 2013

San Antonio And Texas Lead Nation In Construction Job Growth

Texas A&M University-San Antonio is one example of continued construction success in San Antonio through the recession
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.

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Texas Business
3:57 pm
Fri March 8, 2013

Unemployment Slightly Up In Texas, But Still Lower Than A Year Ago

Construction workers install pilings for solar trusses at OCI's newest location in San Antonio. OCI pledged to bring more than 800 new clean energy jobs to San Antonio.
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.

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Community
5:45 pm
Tue March 5, 2013

San Antonio Needs Work To Improve Business Perception, Attract Companies

Though the city does well promoting San Antonio's culture and attractions, businesses are unfamiliar with the city's infrastructure and business climate.
Ryan Loyd TPR News

The city of San Antonio commissioned an imaging study to see how people across the country – especially business leaders – perceive the Alamo City.

Of 102 respondents, it found that 38 percent of people in big industries like healthcare, information technology (IT) and aerospace are unfamiliar with the infrastructure, business climate, and governance offered by San Antonio.

The report said a lack of familiarity puts San Antonio at a disadvantage to key competitors, cities like San Diego, where business executives are more aware of what they can expect.

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San Antonio Economy
9:48 am
Fri March 1, 2013

New Study Seeking Insight Into Economic Impact Of Mexican Nationals In U.S.

Flickr user freefotouk (Ian Britton) cc

Economists have long been aware that retail spending by Mexican nationals shopping in the U.S. adds significant dollars to local economies, but a new study seeks to expand those numbers for a broader view of the impact of Mexican dollars on  San Antonio.

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International Business
6:22 am
Wed February 6, 2013

City Looking To Bolster Local Manufacturing By Increasing Exports

Much of the discussion at City Hall yesterday was about economic issues like exports.
Ryan Loyd TPR News

San Antonio city leaders are looking at ways to increase its import and export industry, but are focusing intently on exports.

According to reports, Canada, Mexico, Japan, the United Kingdom and China are the top five export markets for the city, with exports increasing by $5 billion from 2003 to 2010.

Many within the city now want to focus on challenges like logistics in transporting or varying regulations in exports that block San Antonio's success.

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The Poverty Line
2:37 pm
Thu January 31, 2013

New Study Shows Half Of All Texans Have No Savings

Flickr user Images of Money, bit.ly/LeSsiT

Originally published on Thu January 31, 2013 12:39 pm

State leaders routinely hail the "Texas Miracle" that's created one of the strongest economies in the country. 

Everyone mentions the growth and job opportunities across the Lone Star State, but a recent study by the Corporation for Enterprise Development shows that many Texans are striving on the edge of poverty.

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Business/Economy
9:43 am
Fri December 7, 2012

The Reality Of The Fiscal Cliff: How Going Over Could Help The Economy

If President Obama and Congress fail to reach a deal on tax and spending changes, the nation would feel a lot of fiscal pain. But it also may benefit from the long-term fiscal restraint that would come from keeping tax hikes and spending cuts in place.
Getty Creative Images

Originally published on Fri December 7, 2012 11:11 am

It wouldn't be the worst thing that could happen to the country.

If President Obama and Congress can't come to agreement on new tax and spending policies by the end of year, the U.S. could slip into recession, defense and domestic programs will see damaging cuts, and the American people may become convinced that Washington can't govern the nation.

On the other hand, the lack of a deal would do a lot to help erase the federal deficit.

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