A corporate exodus is reshaping America’s business landscape — and deep-blue states are paying the price.
The stakes go far beyond bragging rights. Corporate headquarters bring high-paying jobs,
investment and tax revenue; they also boost local economies and political influence.
According to a
report by CBRE, one of the nation’s largest commercial real estate brokerage firms, 725 companies relocated their headquarters between 2018 and 2025. And the trend was clear — businesses increasingly left high-tax, heavily regulated Democrat-led states like California and New York for Republican states offering lower costs, lighter regulation and faster growth, like Texas and Florida.
AMERICANS KEEP MOVING TO TEXAS AND FLORIDA — BUT ONE OTHER RED STATE IS GROWING EVEN FASTER
A corporate exodus is reshaping America’s business landscape — and deep-blue states are paying the price.
The stakes go far beyond bragging rights. Corporate headquarters bring high-paying jobs,
investment and tax revenue; they also boost local economies and political influence.
According to a
report by CBRE, one of the nation’s largest commercial real estate brokerage firms, 725 companies relocated their headquarters between 2018 and 2025. And the trend was clear — businesses increasingly left high-tax, heavily regulated Democrat-led states like California and New York for Republican states offering lower costs, lighter regulation and faster growth, like Texas and Florida.
AMERICANS KEEP MOVING TO TEXAS AND FLORIDA — BUT ONE OTHER RED STATE IS GROWING EVEN FASTER