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Uhaulgrowthindex

All articles tagged with #uhaulgrowthindex

economy-and-business2 years ago•1 min saved

"Top 2023 Moving Destinations Revealed: Texas Leads, Wilmington Shines"

Texas has been named the top destination for movers in 2023, marking the sixth time in eight years it has topped the U-Haul Growth Index. The state's appeal is attributed to its booming industries, absence of state income tax, and housing of the most Fortune 500 company headquarters. California continues to experience a mass exodus, primarily due to its high cost of living. Florida remains the second most popular state for movers, also benefiting from having no state income tax. The top ten states for relocation also include North Carolina, South Carolina, Tennessee, Idaho, Washington, Arizona, Colorado, and Virginia.

via CNBC|

##californiaexodus #economy-and-business

economy-and-business2 years ago•2 min saved

"U-Haul Trends: Texas Leads While Michigan and Illinois Lag in 2023 Migration Report"

Michigan is ranked as the No. 46 state in the U.S. for growth, based on U-Haul's annual "Growth Index" which tracks migration trends through one-way rental data. Despite a slight increase in arrivals, Michigan's overall position remains near the bottom, though it has improved from its previous No. 48 ranking. The report aligns with U.S. Census data showing Michigan's population decline, particularly in its most populated cities. Contrastingly, states like Texas and Florida lead as top growth states, while California continues to experience the largest net loss.

via MLive.com|

##economy-and-business #michigan

businesseconomy2 years ago•1 min saved

"2023's Top Moving Destinations: Texas Leads While Colorado and Nevada Attract New Residents"

U-Haul's annual tracking of over 2 million one-way truck transactions reveals that Colorado is a top destination for movers in 2023, ranking 9th on the U-Haul Growth Index. Despite a significant number of people leaving, more are choosing to move to Colorado, particularly to areas around the Denver metro and to the mountains, with Fort Collins being the top growth city. This trend is influenced by the construction of new housing and employment opportunities in the region.

via FOX 31 Denver|

##businesseconomy #colorado

economybusiness2 years ago•1 min saved

"2023 Migration Trends: Top Inbound and Outbound States Revealed by U-Haul Data"

U-Haul's 2023 Growth Index report indicates Illinois ranks third among states with the highest number of people moving out, following California and Massachusetts. Texas continues to be the top destination for movers for the second consecutive year. The index measures the net gain of one-way U-Haul truck rentals, and despite a decrease from the pandemic peak, the trend of moving to the southeast and southwest persists. Illinois has also seen a population decrease, according to recent Census estimates.

via WGN TV Chicago|

##economybusiness #illinoisoutbound

business-and-economy2 years ago•2 min saved

"U-Haul Reveals Top States for Relocation in 2023: Texas Leads the Way"

North Carolina has been ranked as the third top growth state in the U.S. for 2023, according to the U-Haul Growth Index, which tracks the net gain of one-way U-Haul rentals. Despite a slight decrease in overall moving traffic, North Carolina saw more arrivals than departures, with Charlotte and other cities being notable for their net gains. Texas and Florida lead the rankings, while California remains at the bottom for the fourth consecutive year. The U-Haul Growth Index is recognized as a measure of states' and cities' ability to attract and retain residents, though it doesn't directly correlate with population or economic growth.

via WRAL TechWire|

##business-and-economy #florida