City of San Antonio Economic Development

The Culture of Business

San Antonio 3rd Strongest Metropolitan Area in Texas, 11th in America

Great news for San Antonio!

San Antonio has been named the third-strongest major metropolitan area in Texas and eleventh overall in America, according to the On Numbers Economic Index.

A new feature of American City Business Journals, the parent company of the San Antonio Business Journal, the On Numbers Economic Index is computed from an 18-point formula that takes into account private-sector job growth, unemployment, personal earnings, housing-price appreciation, as well as construction and retail activity.

Oklahoma City ranked first on the list of 102 major metropolitan areas, followed by Austin; Omaha, Neb.; Pittsburgh; Denver; Houston; Columbus; Tulsa; Boston; and Little Rock, Ark. San Antonio just missed the Top 10, finishing at No. 11.

The Alamo City had a 5-year private-sector growth rate of 3.62 percent, an unemployment rate of 7.3 percent, earnings per worker of $777.60 and a 5-year house appreciation of 2.25 percent.

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This entry was posted on September 11, 2012 by in Rankings, San Antonio.

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