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Corporate HQ Exodus From California

A new Hoover Institution report indicates that corporate relocations out of the golden state are continuing and increasing. Here’s a chart we put together summarizing the data:

The authors further note that their data “does not take into account California businesses that are retaining their headquarters in California but who are making large facility investments in other states, such as Apple and Wells Fargo, who are building large campuses in Texas and Florida.”

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