Thursday , February 25 2021
Home / Mish's Global Economic / People in Five States Say Get Me Outta Here

People in Five States Say Get Me Outta Here

Summary:
Top Outbound StatesTop Inbound States The above numbers are on a percentage basis of inbound to outbound moves, not absolute numbers. The report is from North American Moving Services.Key Takeaways from the 2020 Migration ReportPeople are fleeing California for Texas and Idaho Illinois, New York, and New Jersey are the three states with the most outbound moves. The top five inbound states in 2020 are Idaho, Arizona, Tennessee, South Carolina, and North Carolina, with Tennessee overtaking South Carolina from the 2019 results. Florida, Texas, and Colorado round out the top eight states for inbound moves. Despite pandemic, people continued to move at rates comparable to 2019Top Five Destination CitiesPhoenix Houston Dallas Atlanta Denver Top Five Exodus Cities New York Anaheim, Calif. San

Topics:
Mike Shedlock considers the following as important:

This could be interesting, too:

Mike Shedlock writes Powell Disses Inflation and Ignores Questions From Congress About Leverage

Mike Shedlock writes Mitt Romney Explains Biden’s Stimulus Bill Is a .9 Trillion Clunker

Mike Shedlock writes Covid-19 Pressures Rival Vaccine Producers to Being Friendly Enemies

Mike Shedlock writes The Fed Soothes the Market Today With More Easy Money Talk

Top Outbound States

People in Five States Say Get Me Outta Here

Top Inbound States 

People in Five States Say Get Me Outta Here

The above numbers are on a percentage basis of inbound to outbound moves, not absolute numbers. 

The report is from North American Moving Services.

Key Takeaways from the 2020 Migration Report

  • People are fleeing California for Texas and Idaho
  • Illinois, New York, and New Jersey are the three states with the most outbound moves. 
  • The top five inbound states in 2020 are Idaho, Arizona, Tennessee, South Carolina, and North Carolina, with Tennessee overtaking South Carolina from the 2019 results. 
  • Florida, Texas, and Colorado round out the top eight states for inbound moves. 
  • Despite pandemic, people continued to move at rates comparable to 2019

Top Five Destination Cities

  1. Phoenix 
  2. Houston 
  3. Dallas 
  4. Atlanta 
  5. Denver 

Top Five Exodus Cities

  1. New York 
  2. Anaheim, Calif. 
  3. San Diego 
  4. Chicago 
  5. Riverside, Calif.

I am disappointed the report did not have absolute numbers, making the study flawed. 

Nonetheless, Idaho is interesting.

Idaho has made the top 10 each year since 2015, most of the time on the top of the list. 

Congratulations to Idaho and of course Illinois in reverse, a state I have written about many times.

Q: Why does it take 3 weeks to leave Illinois?
A: Everyone is leaving and that is how long it took to schedule a one-way van out. 

"Everyone is leaving. No one is coming," a U-Haul agent told us.

We love it here in Utah. The photo opportunism are endless. There are 7 national parks within 5 hours or so of where we live. 

Mish

Mike Shedlock
Mike Shedlock (Mish) is a registered investment advisor representative for SitkaPacific Capital Management (http://www.sitkapacific.com/). Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Leave a Reply

Your email address will not be published. Required fields are marked *