San Antonio's east side was the recent beneficiary of a $500,000loan by the U.S. Department of Commerce. This has been done in the hopes of providing an impetus for growth, according to San Antonio CBS affiliate KENS.
The initiative is part of the federal government's program of "Promise Zones," according to the source. There are currently five of these zones in the U.S. – the source noted that the eastside of San Antonio was chosen to be one in January, as the loan will go toward improving the wages of workers in the area while also implementing measures to cut down on unemployment.
Amid the news in San Antonio, the Texas economy continued to grow in the second quarter of 2014, noted the Dallas News. In the second quarter of 2014, according to the source, the Texas economy experienced growth – amounting to a total of 4.3 percent in the second quarter, while first quarter growth accounted for 2.4 percent.
"We're seeing strength in services and manufacturing [activity] … and we expect that to continue," said Jason Saving, senior research economist and adviser, according to the source. "We're especially seeing strength, not surprisingly, in energy and areas of the economy that relate to energy."
Manufacturing recruiters will be able to find many able and productive workers in the major metropolises of Texas.