San Antonio commercial 
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The Raub Blog

Texas dominates …

by admin on July 12, 2012

SAN ANTONIO #13: Metro Population:  2,201,400  |  Projected Job Growth:  2.9%

Fast Facts:

  • More than half of trade between Mexico and U.S. flows through San Antonio
  • Business costs are 19% below U.S. average

AUSTIN #9: Metro Population: 1,789,100 | Projected Job Growth: 3.3%

Fast Facts:

  • Expensive living and business costs are only things keeping Austin from the top ranking
  • Economy is projected to expand 6.2% annually during the next 3 years, fastest in the U.S.

The region has a constant influx of young talent thanks to more than 70 colleges and 360,000 enrolled students within a 200 mile radius.

Texas dominates the ranking with five cities in the top 25, led by eighth-ranked Dallas. The Dallas economy surged 6.2% last year—second best in the nation—to $254 billion. The job outlook in Dallas is strong with 2.9% annual growth expected through 2014, according to Moody’s. Dallas is home to 17 billionaires, more than any other U.S. city besides New York and San Francisco.

Houston ranks No. 20 as it emerged from the recession faster than any other major city. It was the fastest-growing local economy in the U.S. last year, expanding 8.6%. Energy companies continue to flock to Houston to take advantage of the vast talent pool of workers in the oil and gas industry. Exxon Mobil is building a 385-acre complex in Houston suburb, The Woodlands, that will accomadate 10,000 employees. The company plans to transfer 2,100 employees from Fairfax, Va. as well as 110 from Akron, Ohio, to Houston. BP and Anadarko Petroleum are consolidating U.S. operations in Houston as well

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