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==Economy== Alvarado is a [[rural]] community with an economy that has been primarily agricultural with only a modest retail and industrial base. In recent years the trend has been away from agriculture and toward more urban development. In 2007 Sabre Tubular Structures built a new {{convert|200000|sqft|m2|adj=on}} facility located on {{convert|147|acre}} on the eastern side of town. Sabre has over 200 employees at this facility.<ref name="sts">{{Cite web|title= Sabre Tubular Structures Announces New Manufacturing Facility in Alvarado, Texas|publisher=Sabre Tubular Structures|url=http://www.sabretubularstructures.com/news.aspx?5fs1ewg5=3&z24s3hgq=-842352755|accessdate=2010-01-16 }}</ref> The city received a 2008 grant of $750,000 from the [[Texas Department of Agriculture]] for infrastructure improvements related to Sabre.<ref name="tdoa">{{Cite web|title=Commissioner Todd Staples Awards City Of Alvarado $750,000 For Economic Development|publisher=Texas Department of Agriculture|url=http://www.agr.state.tx.us/agr/media/media_render/0,1460,1848_29179_25089_0,00.html|accessdate=2010-01-16|archiveurl=https://web.archive.org/web/20100126032457/http://www.agr.state.tx.us/agr/media/media_render/0%2C1460%2C1848_29179_25089_0%2C00.html |archivedate=26 January 2010 |url-status=live }}</ref> [[Louis Vuitton]] operates a factory for leather goods outside of Alvarado.<ref>{{cite web | url=https://www.narcity.com/dallas/louis-vuitton-extravagant-ranch-texas-heres-what-like-visit | title=This Luxury Fashion Brand Has a Ranch Hidden in Texas & Here's What It's Like to Visit (VIDEO) - Narcity }}</ref> ===Barnett Shale=== In the latter part of the 2000s, development of [[natural gas]] wells in the [[Barnett Shale]] were a source of prosperity for the city and many property owners benefited from drilling activity, pipeline construction and [[royalty payments]]. As natural gas prices fell in 2009, drilling activity and royalty payments declined rapidly.
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