Their respective economies are experiencing a burst of growth as they welcome new businesses with open arms.
Notably, Atlanta is emerging as a competitive center for film production, rivalling Hollywood.
Austin is attracting a steady stream of info tech companies from Silicon Valley, and North Carolina’s Research Triangle Park is pulling in biomedical research firms.
Despite Business Exodus, California Remains Optimistic
Amid the uncertainty surrounding the state’s economic future, Governor Gavin Newsom remains confident.
He asserts that California still ranks among the top national economies and will continue to lead in sectors like renewables and clean energy.
Thus, even in the face of businesses leaving California, the state’s resilience and entrepreneurial spirit endure.