Founded by Spanish missionaries in the early 1700s, San Antonio, Texas is now the seventh largest city in the United States and the fastest growing region of the state. It is located halfway between the nation's east and west coasts and near other major Texan cities such as Austin, Houston and Corpus Christi.
Considered a gateway of foreign trade, San Antonio is recognized by Business Facilities magazine as one of the five major logistical locations in the country for warehousing and distribution. It benefits from its proximity to Mexico and has reaped the economic rewards of the North American Free Trade Agreement (NAFTA). Over half of the goods moving in and out of Mexico pass through the city of San Antonio and this trade is expected to grow. Plus, thirty percent of the city's retail market demand comes from shoppers living in Mexico.
San Antonio was the nation's second fastest growing major city from 1990 to 2000 according to the US Census Bureau. During that decade, the city grew 14.5 percent to a population of 1,144,646. The reported 2007 population estimate is 1,259,735 indicating a growth rate of 1.4 percent per year over the past seven years.