A $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity South

Source:

Bloomberg

June 29, 2023

Some 2.2 million people moved to the Southeast in just over two years. That’s roughly the population of Houston.

Drive along the 240-mile stretch of the Atlantic coast from Charleston, South Carolina, through the grassy marsh land of southern Georgia and down into northern Florida, and you’ll see one of the most profound economic shifts in the US today.

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