San Antonio’s economy will outgrow most of the nation’s other large cities this year, according to a
new report
— despite a slowdown from 2022.
The report from the
Kenan Institute of Private Enterprise
ranks the Alamo City fifth among U.S. cities by expected growth of gross domestic product, prognosticating that its economy will grow by 1.4 percent through 2023, a tie with Salt Lake City.
Austin was ranked second among U.S. cities with an expected growth rate of 2.8 percent.
Last year, the San Antonio economy grew by 2.6 percent, the report says, citing economic data released in December.
On ExpressNews.com:
San Antonio unemployment declined in late 2022, but Dallas Fed says jobs slowdown likely coming
…
