San Antonio Economic Development Foundation Presented by Mario Hernandez PTMA Awards Luncheon
Workforce Trend Employment Growth Area*March2010Annual2009Annual2008Annual2007 U.S.-1.32%-3.77%-0.01%+1.1% Texas+1.64%-0.35%+1.4%+1.7% San Antonio MSA+1.34%+0.28%+1.6%+1.6% Source: Texas Workforce Commission*Based on 12 months
Unemployment Rate Area*March2010*March2009*March2008*March2007 U.S Texas San Antonio MSA *Based on 12 months Source: Texas Workforce Commission
San Antonio Advantages 7 th largest city in the U.S. 7 th largest city in the U.S. Cost of living 3.8% below national average Cost of living 3.8% below national average Labor force of nearly 1 million Labor force of nearly 1 million Growth in the labor force from March 2009 through March 2010: 2.4% Growth in the labor force from March 2009 through March 2010: 2.4% Job growth from March 2009 through March 2010: 1.34% Job growth from March 2009 through March 2010: 1.34% City infrastructure and business climate City infrastructure and business climate
What Others Are Saying about San Antonio! Ranked #2 in America’s fastest recovering cities in ranking of the 100 largest MSA’s ~ Forbes Ranked #1 in having the strongest metropolitan economy in the nation ~ Business Week Ranked #2 in “Best Bang for the Buck” cities ~ Forbes Ranked #3 in “America’s Best Long-Term Real Estate Bets” ~ Forbes
Ranked #6 in annual metro ranking for “Economic Growth Potential” ~ Business Facilities Ranked #5 in “Largest Population Increases in Nation during 07-08” ~ U.S. Census Bureau Ranked #10 “Best City in U.S. for Recent College Graduates” ~ CareerBuilder.com Ranked #14 “Top Hottest Cities for Tech Jobs” ~ Business 2.0 What Others Are Saying about San Antonio!
San Antonio Power Projects Medtronic Fort Sam Houston Cyber Command Texas Cryptology Center Nationwide Allstate Kohl’s Buyouts by Chase and Wells Fargo
Area Development Corporate Survey Dec. 09 / Jan. 10 *Survey conducted in August Nearly two-thirds of those who responded to Area Development’s Corporate Survey are with manufacturing firms. About 70% of these individuals are the chief or high-level executive of their companies. 8 Source: Area Development Magazine Annual Survey-January 2010
Area Development Corporate Survey (continued) 9 Source: Area Development Magazine Annual Survey-January 2010
Area Development Corporate Survey (continued) 10 Source: Area Development Magazine Annual Survey-January 2010
Area Development Corporate Survey (continued) 11 Source: Area Development Magazine Annual Survey-January 2010
Area Development Corporate Survey (continued) 12 Source: Area Development Magazine Annual Survey-January 2010
Contact Centers and San Antonio IT Growth occupations San Antonio ideal match Labor force size, growth Infrastructure Power, land, costs