Business Climate

The table provides recent data on the types of businesses that compose the Port Isabel economic framework. The overwhelming majority (66.8%) are business involved in the retail trade which includes all stores and restaurants. The second-largest concentration is in the service industry which may involve the following business along with support services for other industries such as print shops and medical services:

  • Accounting
  • Banking
  • Legal
  • Motel Rental
  • Real Estate
  • Tourism-Related

Industries

The low number of construction-related enterprise is significant in that it may indicate a need for this type of industry; especially with the increase in development within our Region. The manufacturing and agriculture may be cumulative indicators of shrimping and packing outlets. Overall all industries contributed $103,652,820 to the local economy, of which nearly half consisted of taxable sales which indicates that there was much tax-exempt exchange of goods and services within this community.

2003 to 2004 Port Isabel Industry Statistics

Source: Texas Comptroller of Public Accounts 2004 to 2005
Industry Number of Businesses
Gross Sales Taxable Sales
Agriculture 3 91,573 13,051
Construction 8 1,711,722 1,072,545
Fire 2 0 0
Manufacturing 6 1,463,170 344,543
Retail Trade 135 92,242,844 52,228,323
Services 36 3,589,932 1,837,309
Transportation, Communication and Utilities 4 207,991 191,645
Wholesale Trade 6 3,969,819 335,171
Other 1 0 0
All Industries 199 103,652,820 56,158,501