1
submitted 1 year ago by cummings@lemm.ee to c/neolib@lemm.ee

For the first time, six fast-growing states in the South — Florida, Texas, Georgia, the Carolinas and Tennessee — are contributing more to the national GDP than the Northeast, with its Washington-New York-Boston corridor, in government figures going back to the 1990s. The switch happened during the pandemic and shows no signs of reverting.

A flood of transplants helped steer about $100 billion in new income to the Southeast in 2020 and 2021 alone, while the Northeast bled out about $60 billion, based on an analysis of recently published Internal Revenue Service data.

no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here
this post was submitted on 10 Jul 2023
1 points (100.0% liked)

Neoliberal

85 readers
1 users here now

Free markets, open borders, line goes up = world gets gooder

founded 1 year ago
MODERATORS