Sep 3, 2023

New Data Confirm Economic Exodus From Blue States

Liberal hubs continue to lose businesses and residents alike.
New Data Confirm Economic Exodus From Blue States

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Written by Jack Elbaum

What’s happening: A new Bloomberg analysis confirmed that there is a substantial economic exodus from California and New York. Both states “lost firms that managed close to $1 trillion of assets” since the start of 2020, and many more firms left than moved in.

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