Between 2018 and 2023, seven Fortune 500 companies moved their headquarters from California to Texas.This came on the back of pandemic-era restrictions that had some companies wanting to move to states with looser restrictions. The sudden rise of remote work also made quick reorganization possible.However, American businesses have been moving south consistently since the 1990s.This chart tracks the net migration of U.S. firms by region from 1994–2021, according to data published by the Bureau of Labor Statistics in 2024.
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76 sats \ 7 replies \ @Undisciplined 12 Feb
Wow! I knew this was accelerating. but that's wild. I think people and businesses are moving out of California and New York about as fast as logistics allow.
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26 sats \ 6 replies \ @Bell_curve 12 Feb
Chevron recently left California for Texas (2024)
The graph stops at 2021
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0 sats \ 5 replies \ @Undisciplined 12 Feb
The South will rise again
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30 sats \ 4 replies \ @Bell_curve 12 Feb
who will pick our cotton?
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9 sats \ 3 replies \ @Undisciplined 12 Feb
Robots
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24 sats \ 2 replies \ @Bell_curve 12 Feb
is that Spanish for day worker?
edit: I mean Spanish for H2 visa?
who will pick blueberries for my Hailey Baldwin smoothie
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