CALIFORNIA 
Posted on 11/17/2015 9:10:09 AM PST by smartyaz
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. Phoenix was not far behind.
That’s the conclusion of a study by Joseph Vranich, a site selection consultant and president of Irvine, California-based Spectrum Location Solutions.
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, Vranich said. He said in an email to the Dallas Business Journal that he considers the results of the seven-year, 378-page study “astonishing.â€
“I even wonder if some kind of ‘business migration history’ has been made,†Vranich wrote in his note.
Los Angeles led the Top 15 California counties with the highest number of disinvestment events, followed by: (2) Orange, (3) Santa Clara, (4) San Francisco, (5) San Diego, (6) Alameda, (7) San Mateo, (8) Ventura, (9) Sacramento, (10) Riverside, (11) San Bernardino, (12) Contra Costa tied with Santa Barbara, (13) San Joaquin, (14) Stanislaus and (15) Sonoma . Companies continue to leave California because of rising costs and concerns over the state’s “hostile†business environment, according to the study, which also names companies and provides details of business disinvestments in the state.
(Excerpt) Read more at bizjournals.com ...
Yep! Migrants do that.
Yes but they are metastasizing elsewhere.
And ... they don’t bring any capital either.
Just a few more years and we will lose her. They are coming here to central Texas the tune of 10,000 a month. I hate them. I am looking to Wyoming as a place to go and ride out my last few decades.
CALIFORNIA
None has moved to Missouri.
” I have watched it happen here in Phoenix for years now, My last property tax bill was 83% voter approved education funding... and we just passed another one a couple weeks ago. “
Yep. We are also getting all the retired, left wing scum from the East coast. It turned New Hampshire even quicker, as they are an hours drive from Boston.
As for Calif, they installed that psychopath Gov Brown in power for the second time. He will send thousands our way.
(not you smartyaz, the headline)
Actually that’s not true about Keynes, who routinely gets blamed for ideas he didn’t hold.
People who call themselves “Keynesians” often are socialists, but Keynes wasn’t one.
One of his pithier remarks was telling his wife that at some economics meeting he attended he was the only non-Keynesian there.
cant you brand them or sumthin?
I did business with Applied Materials in Austin 30 years ago. Back then Austin was a whacked out place! Anywhere you have either a university or a seat of government, you have a whacked out place. Austin has both.
-— They will undermine the states in which they settle to be more like that mess they came from. -—
That’s what’s so frustrating. They leave before they experience the fruits of their insanity. Then it s back to business as usual in the next state.
“Mostly concentrated in Whacko Austin, no doubt.”
Not entirely. Who do you think is electing these mayors in Houston, Dallas and San Antonio?
All coastal elite counties except SJ. I will enjoy the melt down of the once great state. Sadly though, the libs will spread out and vote for the same policies in other states. Maybe by then I can move back.
Coexist bumper stickers are the best form of self-branding. My kids call them idiot stickers. All the other usual green type crap to like REI, 26.2, Hillary stickers are all good too.
They also are good about driving Subaru Outbacks (the national lesbian vehicle), Prius, Hybrid electrics, and VW’s.
Well. that's the nature of a shrinking economy - the only way to grow is to steal somebody else's business. Some companies (and states) are doing very well now, though outworking and outperforming their peer competitors.
But the Left - in its galactic idiocy - likes to hold these companies up as proof that their economic policies are not harmful to business in general.
I think that's more economic illiteracy than liberalism. People think bonds are free money.
bkmk
That could be true... I noticed when they stopped winning the bond elections, now they have all turned into budget over-ride elections... Not sure exactly what the difference is, unless it is just the name, since I see both on my tax bill.
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