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Article: Toyota Plant Would Recast Economic Future of San Antonio, Texas.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- October 25, 2002
CopyrightCOPYRIGHT 2002 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By David Hendricks, San Antonio Express-News Knight Ridder/Tribune Business News
Oct. 25--If Toyota Motor Corp. opens an assembly plant in San Antonio, it would reshape the city economy for years to come, an economist said Thursday in San Antonio.
The biggest change would be seen in the city's median family income, which historically has lagged behind the other large Texas cities, said Angelos Angelou, an owner of AngelouEconomics in Austin.
San Antonio median family income in 1999 was $44,729, compared to $59,426 in Austin and $55,854 in Dallas, said Angelou, a site selection and economic forecasting expert.
Between 1989 and ...