I can't even imagine...
https://www.bizjournals.com/dallas/n...year-with.html
Quote:
A record number of companies are leaving California for states with a better business climate, and a new report shows that Texas remains their No. 1 destination.
The study estimates that 1,800 relocation or “disinvestment events” occurred in 2016, the most recent year available, setting a record yearly high going back to 2008. About 13,000 companies left the state during that nine-year period.
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While 299 of the 1,800 moves ended up in Texas there was still plenty of companies that went elsewhere including Denver.
Dayum
Quote:
Forty-three of the 123 corporate headquarters that have relocated to DFW since 2010 came from California, according to the Dallas Regional Chamber.
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I knew Dallas was attracting HQ's like flies on a warm summer day and while most were NOT Fortune 500 companies, many were.
S'Up California? Do the business unfriendlies got you down?
Quote:
The top reason to leave California is no longer high taxes, although that still ranks highly, Vranich said.
Hostility toward businesses, high utility and labor costs, punitive regulations and worrisome housing affordability for employees are among California’s other negatives, Vranich said.
California has reached a “tipping point” with the Immigrant Worker Protection Act, a new statute that Vranich says puts businesses in a legal “lose-lose” situation.
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This guy, Vranich, has been tracking this stuff for years and I'm a bit skeptic of some of what's included but in any case that some pretty heady numbers.
What does Denver want to be going forward? Is maintaining a degree of being business friendly important or not that important?
The top 10 cities gaining company migrations from California were:
Austin, Reno, Las Vegas, Phoenix, Seattle, Dallas. Portland (Ore.), Denver, San Antonio, Scottsdale
The top 10 states starting in the order of those that gained the most from California business relocations were:
Texas, Nevada, Arizona, Colorado. Oregon, Washington, North Carolina, Florida, Georgia, Virginia