San Antonio Retail Sales Again Soaring

The San Antonio retail industry is once again on track, with sales growing faster than the city's increase in population, News Radio 1200 WOAI reports.

Figures released by the State Comptroller's Office shows that May sales tax receipts, which are the best true measure of retail activity because they don't include necessities like food and medicine, were up nearly 6% over May of 2016.

That is more than twice the statewide increase of 2.4%, and far stronger than the retail economies in other major cities like Austin (DOWN 1.6%), Dallas (DOWN .2%) and (DOWN 2%).

Towns in the Eagle Ford Shale continue to suffer from a loss of some 95,000 oil field jobs since 2015.

Karnes City, the seat of the largest producing county in the Eagle Ford, reports retail sales in May down a scary 20% from last year's depressed figures.

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