SA economy continues to improve

SAN ANTONIO – San Antonio continues to outpace a number of other U.S. cities in the economic race. Several positive indicators are evidence of the growth.

The Greater San Antonio area collected nearly $24 million in sales tax revenue on average per month over the first half of this year. That’s an increase of 11.1 percent over the previous year.

San Antonio is also creating more jobs. The city’s job count approached 867,000 based on a seven-month average through July of this year. That’s a 1.3 percent improvement over 2011. The largest gain was in the natural resources and mining sector.

More than 9,400 homes were sold in the Alamo City between January and June of this year, according to the San Antonio Board of Realtors. That’s 502 more homes than were sold in the market during the first half of 2011.

Read more at the San Antonio Business Journal.