San Antonio’s Medical Industry Announces $37 Billion in Sales
More than 1 out of every 6 San Antonio-area workers are employed in health care, and about 50,000 net new jobs have been added in the last 10 years. Butler said the health care sector is easily the largest employer in San Antonio with 172,094 workers in 2015, a 13 percent increase from 2013.
A new economic impact study out today shows San Antonio’s Healthcare and Bioscience industry is huge and growing.
San Antonio’s health care and biosciences sector has more than doubled over the last decade and now accounts for one of the area’s largest industries with $37 billion in sales of products and services last year, according to new data from the San Antonio Chamber of Commerce.
“Too big to fail” (TBTF) and “too big to jail” is a theory in banking and finance that asserts that certain corporations, particularly financial institutions, are so large and so interconnected that their failure would be disastrous to the greater economic system, and that they therefore must be supported by … See more