Business Services Industry

Business Study Ranks San Antonio High in Rate of Fast-Growing Companies.

Knight Ridder/Tribune Business News, July, 2001

By Bill Day, San Antonio Express-News Knight Ridder/Tribune Business News

Jul. 6--San Antonio doesn't always score well in national business studies. Labor Department figures last year showed the city's average salaries were growing, but not as fast as in other Texas cities. In April, San Antonio ranked 49th out of 50 metro areas in technology.

But a new study to be released next week will finally give San Antonio business community something to brag about.

The National Commission on Entrepreneurship ranked San Antonio in the top 10 percent of the country's regions in terms of rate of fast-growing companies. Using Census Bureau data, the commission calculated the rate of companies that grew by 15 percent annually or doubled their...

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