Category Archives: San Antonio

San Antonio’s Economy Resilient Amid Energy Concern

The Texas economy is feeling a persistent downdraft from the beleaguered energy sector. In March, Texas lost a net of 12,000 jobs, just the second monthly loss since late 2010. This kept the state’s unemployment rate steady at 4.3 percent, … Continue reading

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Energy Prices Hammering San Antonio’s Economy

The San Antonio metropolitan area faces significant headwinds from the steep fall in energy prices. Some energy companies, especially with elevated debt levels and less capital, are finding themselves in the midst of a precarious situation, possibly heading towards bankruptcy. … Continue reading

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San Antonio’s Economy Continues to Moderate

The San Antonio area, being the staging ground for Eagle Ford Shale development, is under significant economic pressure due to falling energy prices. As the profitability of less productive wells diminished, rig counts for both oil and natural gas fell. … Continue reading

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San Antonio’s Economy to Ease on Energy Prices

It is no surprise that the San Antonio area will continue to feel the tremors of the energy shock after crude oil prices fell more than 50 percent (from$93/bbl to $45/bbl) by Mid-September 2015. The proximity of San Antonio to … Continue reading

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San Antonio’s Growth To Ease on Energy Sector Performance

We are starting to see the broader impact of oil price decline across the San Antonio economy as reflected in the March job numbers. We saw a net decline of 3,400 nonfarm payroll jobs in March 2015 in the metropolitan … Continue reading

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San Antonio’s Economy To Cool as Energy Sector Consolidates

The San Antonio economy will feel the drag from a consolidating energy sector this year. Oil field activity is slowing down in the Eagle Ford basin due to the decline in oil and natural gas prices that began at mid-year … Continue reading

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San Antonio’s Oil-Fueled Growth To Ease

Eagle Ford shale oil development in the San Antonio region has spurred strong economic growth through the high multiplier effect of drilling activities on local businesses including manufacturing industries, transportation, grocery stores and restaurants. However, the recent decline of oil … Continue reading

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San Antonio Maintains Strong Growth

San Antonio’s economic growth remains strong in the aftermath of booming Eagle Ford Shale drilling activity. According to EOG Resources Inc., the estimated Eagle Ford oil reserve potential increased by 250 percent since the discovery in 2010 (including a recent … Continue reading

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San Antonio Maintains Robust Economic Outlook

San Antonio, the staging point for the Eagle Ford Shale development, comprises about 8.0 percent of the total nonfarm payroll jobs in the entire state of Texas. In the first quarter of 2014, San Antonio added a net of 4,400 … Continue reading

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San Antonio Poised for Moderate Economic Growth in 2014

The San Antonio MSA has benefited greatly from the Eagle-Ford Shale. The area will continue to benefit from the energy boom in 2014 albeit at a slower pace. Drilling activity moderated in second half of 2012 through 2013 as natural … Continue reading

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