9,000 Business Have Fled California in Seven Years (employment, statistics, solutions)

[DRob4JC]

The business migration continues.

That's a ton of state tax money no longer being generated.

California lost 9,000 business HQs and expansions, mostly to Texas, 7-year study says

Roughly 9,000 California companies moved their headquarters or diverted projects to out-of-state locations in the last seven years, and Texas has been a prime beneficiary of the Golden State’s “hostile” business environment.

...
Of the 9,000 businesses that he estimates disinvested in California, some relocated completely while others kept their headquarters in California but targeted out-of-state locations for expansions, Vranich found. The report did not count instances of companies opening a new out-of-state facility to tap a growing market, an act unrelated to California’s business environment.

...
It’s typical for companies leaving California to experience operating cost savings of 20 up to 35 percent,..

[Bulldogdad]

Here is the actually study.

http://www.spectrumlocationsolutions...alifornia-.pdf

[greywar]

sooo 9,000 businesses out of..... 3,320,977. Oh the horror.

[Northeastah]

and yet real estate prices there have never been higher.

[emcee squared]

How many moved in or were started in the state during that same period of time? I think that would be important in order to determine if this is a problem or not.

[DRob4JC]

Originally Posted by emcee squared

How many moved in or were started in the state during that same period of time? I think that would be important in order to determine if this is a problem or not.

That's valid... I wonder how many?

[LoveToRow]

California is going to implode at some point in the future. Liberalism is not sustainable because it isn't based in reality.

[Northeastah]

Originally Posted by LoveToRow

California is going to implode at some point in the future. Liberalism is not sustainable because it isn't based in reality.

it's ok to hate people who think differently than you. but take a look at CA's GDP before making such statements.

[greywar]

Actually I'd be more interested in seeing the total non governmental employees change numbers.

so lets see if we cant find that.

Bureau of Labor Statistics Data

Looks like employment is up. making the OP kind of a lot of nonsense. Not only are 9K businesses a tiny fraction of the businesses in California, but during that time employment has gone UP.

Sorry OP, but this seems like a lot of cherry picked nonsense thats designed to misinform or deceive people.

[DRob4JC]

Originally Posted by Bulldogdad

Here is the actually study.

http://www.spectrumlocationsolutions...alifornia-.pdf

Originally Posted by greywar

sooo 9,000 businesses out of..... 3,320,977. Oh the horror.

Interesting from the study...

for every company whose disinvestment event makes the news, countless others are implemented quietly, with the estimate being five unknown events for every one that becomes public knowledge,