Day: June 29, 2012

June 29 Weekly Update

June 29 Weekly Update SHARE THIS POST

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2012 Mid-Year Economic Update

At our 2012 Mid-Year Economic Update hosted by St. Mary’s University and the San Antonio Hispanic Chamber of Commerce, attendees saw presentations by Keith Phillips, Ph.D., and Steve Nivin, Ph.D. The breakfast focused on the state of the economy for remainder of 2012. To view the presentation materials, click the presenter’s name below:    …

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Israel In-bound Delegation – Automotive Suppliers

Israel In-bound Delegation – Automotive Suppliers On June 24 – 27, 2012 an Israel Automotive Delegation visited our region to discover opportunities with local companies. The trip was coordinated by the Bexar County Economic Development Department. The San Antonio Hispanic Chamber of Commerce had the honor of hosting the Official Welcome Dinner for this group…

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Texas Dominates List of Fastest-Growing Large Cities Since 2010 Census

According to population estimates for all of the nation’s incorporated cities and towns by the U.S. Census Bureau, Texas had eight of the 15 most rapidly growing large cities between Census Day (April 1, 2010) and July 1. One of Texas cities that made the list of fastest-growing cities — Round Rock — broke the…

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Personal Income Increases in May

According to the Bureau of Economic Analysis (BEA), personal income increased $25.4 billion, or 0.2%, and disposable personal income (DPI) increased $18.5 billion, or 0.2%, in May.  Personal consumption expenditures (PCE) decreased $4.7 billion, or less than 0.1%.  In April, personal income increased $29.4 billion, or 0.2%, DPI increased $19.5 billion, or 0.2%, and PCE…

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Corporate Profits Decline for the First Time Since 2007-2009 Recession

For the first time since the 2007-2009 recession, corporate profits fell last quarter, ticking down by $6.4 billion or 0.3% in seasonally adjusted annual terms. Given the cushion of cash that companies accumulated in the last three years, last quarter’s decline most likely didn’t break the bank for too many companies. However, it will probably…

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