Translation Services in San Antonio – Economic Profile
The city of San Antonio has a population of about 1.3 million inhabitants and is located in south Texas. It is the seventh largest city in the United States and the region’s political, economic, cultural and medical research center.
The city’s economy is diverse and based on medical research and health care service, finance, national defense, tourism and education.
South Texas Medical Center is the largest medical research center in south Texas, featuring major hospitals, research and educational facilities that employ about 100,000 people and have a $34 billion impact on the region.
Major companies headquartered in San Antonio include Frost National Bank, Tesoro Petroleum Corp, Valero Energy Corporation, Toyota Manufacturing Texas, V. K. Knowlton Construction and Utilities, Zachry Construction, and many more. In addition, major companies such as the Bank of America, Boeing, The Capital Group Companies, NSA, Washington Mutual as well as Microsoft have branches in San Antonio.
Tourism is a major sector in the city’s economy. Its main attractions include the River Walk, the Alamo, several amusement parks, Marion Koogler McNay Art Museum, and many more. These attractions draw more than 20 million visitors annually.
The city is also a major venue for conventions and conferences, welcoming about 750,000 international delegates each year.
With several military bases located in the city, San Antonio is one of the major military training and defense centers in the United States.
About 100,000 students are enrolled in the city’s numerous prestigious institutions of higher education and make San Antonio is a bustling college town. There is University of Texas, Texas A & M University, Alamo Community College, St. Mary’s University, Wayland Baptist University, and many more.
The city’s racial makeup is diverse and even though 66% of the population is apparently White, 61% of the population identify themselves as being of Hispanic origin. The African American, Asian, and Native Americans make up the rest of the city’s population.
A strong economy with focus on international business, tourism and conventions, numerous prestigious universities and research institutions as well as a diverse racial composition have led to a high demand for translation and interpreting services in San Antonio.