this post was submitted on 10 Jul 2023
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For the first time, six fast-growing states in the South โ€” Florida, Texas, Georgia, the Carolinas and Tennessee โ€” are contributing more to the national GDP than the Northeast, with its Washington-New York-Boston corridor, in government figures going back to the 1990s. The switch happened during the pandemic and shows no signs of reverting.

A flood of transplants helped steer about $100 billion in new income to the Southeast in 2020 and 2021 alone, while the Northeast bled out about $60 billion, based on an analysis of recently published Internal Revenue Service data.

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