San Antonio Ranks 11th in the Nation for Economic Strength

[blaircedarbank]

I hope sequestration does not go through, because it would be devastating for San Antonio. Even the most biased "data" sources can't predict the ramifications of it.

[badhornet]

Originally Posted by Sevenelements

Where's Orlando on that list? Where's Las Vegas on that list? They fit your description to a T yet I don't see them in the top 10. Are they even in the top 20? Doubt it.

And none of the 11 listed even fit your description but you seem to be employing the republican party strategy, spin anything positive into something negative in whatever way you can.

Im not spinning nothing. San Antonio can be proud of its Ramen noodles warehouses and a 40% high school drop out rate in its largest school district. If your challenging that San Antonio has more of a skilled workforce than an unskilled workforce, than you must be a delusional Liberal because I can sense your hatred.....Unlike most "armchair economists" on here, my job actually relates to this. While we go have some tech and healthcare gains, they are slow......its hard for businesses to relocate where skilled job seekers arent plenty. The numbers dont lie....we are number 3 in low income wages for a city over 1 million, and ranked between 4th and 5th (been flip flopping last few years)in poverty levels for a city over 1 million. We should be number 1 ranked on that list because of tax advantages, shipping channels, etc......why were not is our unskilled workforce plain and simple.

And I did say jobs are jobs.........better to have an increase in anything than nothing.

FYI .....service jobs is more than workng at Disneyland in Orlando or at the casinos in Vegas as you think.

Its call center positions, retail, service and support, etc...along with your hotels and restaurants

[Sevenelements]

Originally Posted by badhornet

Im not spinning nothing. San Antonio can be proud of its Ramen noodles warehouses and a 40% high school drop out rate in its largest school district. If your challenging that San Antonio has more of a skilled workforce than an unskilled workforce, than you must be a delusional Liberal because I can sense your hatred.....Unlike most "armchair economists" on here, my job actually relates to this.

Insulting intelligence while at the same time not spelling correctly is what some would call, ironic.

I'm a delusional liberal because what again? I challenged your bias opinion?

While we go have some tech and healthcare gains, they are slow......its hard for businesses to relocate where skilled job seekers arent plenty. The numbers dont lie....we are number 3 in low income wages for a city over 1 million, and ranked between 4th and 5th (been flip flopping last few years)in poverty levels for a city over 1 million. We should be number 1 ranked on that list because of tax advantages, shipping channels, etc......why were not is our unskilled workforce plain and simple.

So we're 5th in poverty in a ranking of 9 cities? There are only 9 cities with a 1 million or more population.

But I question whether that is even factual. So I checked with the Census information.

Let's see:

Listed is a city with its corresponding poverty rate percentage.

New York 19.1%

Los Angeles 19.5%

Chicago 20.9%

Houston 21.0%

Philadelphia 25.1%

Phoenix 19.1%

San Antonio 18.9%

San Diego 14.1%

Dallas 22.3%

So by my math, not only is San Antonio not 4th or 5th, it's the second lowest percentage with only San Diego having a better percentage.

Love to hear your explanation on that on.

FYI .....service jobs is more than workng at Disneyland in Orlando or at the casinos in Vegas as you think.

Its call center positions, retail, service and support, etc...along with your hotels and restaurants

So basically the epitome of jobs Orlando and Las Vegas feature? Gotcha.

[blaircedarbank]

Local economy continues to tread water - San Antonio Express-News

I thought this story was interesting; it kind of explains what I was trying to contribute on housing and the economy. Salaries are low here, and they have went down. Even the median income for a homeowner, which is what I deal with, is much lower than the national average. Needed is a way to attract high-paying industry and enticing college graduates to stay here.
I also wanted to add that for our August 2012 numbers, 60% of our pre-existing home contracts (ones that have closed) were short-sales, so I am seeing a definite increase since May, which we contribute to the expiration of the MDRA at the end of 2012.

[Austinite101]

Originally Posted by blaircedarbank

Local economy continues to tread water - San Antonio Express-News

I thought this story was interesting; it kind of explains what I was trying to contribute on housing and the economy. Salaries are low here, and they have went down. Even the median income for a homeowner, which is what I deal with, is much lower than the national average. Needed is a way to attract high-paying industry and enticing college graduates to stay here.
I also wanted to add that for our August 2012 numbers, 60% of our pre-existing home contracts (ones that have closed) were short-sales, so I am seeing a definite increase since May, which we contribute to the expiration of the MDRA at the end of 2012.

I posted something on the Austin forum about wage growth in Texas cities. It showed San Antonio's wages had fallen. I wonder why?