Economic Exodus and Influx: The Shift from California and New York to Texas and Florida

Economic Exodus and Influx: The Shift from California and New York to Texas and Florida

Explore the significant corporate migrations from California and New York to Texas and Florida as highlighted by the Texas Stock Exchange Group. Since 2005, at least 237 companies have relocated away from California, drawn by Texas’ status as the home to more Fortune 500 companies than any other state. The accompanying chart vividly illustrates this economic shift, with purple indicating money leaving California and New York, and green showing significant financial inflows into Texas and Florida. Delve into the implications for regional economies and business landscapes.

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