San Antonio is growing "temperately," with local unemployment continuing to fall and a business cycle index close to what it's been for a few years, according to the Federal Reserve Bank of Dallas' recently released monthly report on this area's economic metrics.
The business cycle index, which is 3.1% for San Antonio in the Dallas Fed's recent report, is a broad measure of economic activity that is seasonally adjusted at an annualized rate. In San Antonio, that measure has been hovering around…
