Sunday, June 26, 2022
  • Login
CEO North America
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
CEO North America
No Result
View All Result

COVID Catalyzes Migration to Texas

in News
Virtual reality up, traditional tv down: pwc
Share on FacebookShare on Twitter

Though Texas has been a magnet for migration over the past decade due to plentiful job opportunities, an accommodative business environment and a relatively low-cost of living this process has accelerated during the pandemic.  

Texas received 174,000 migrants in the five quarters following the onset of COVID up from 109,000 the previous five quarters. The top source of inbound migrants was California with more than 60,000 migrants, followed by New York with approximately 17,500.

“Cities such as New York, Los Angeles and San Francisco host a disproportionately high share of jobs that offer the option to work from home (finance, media, tech),” explained the report. “These metros also have the highest cost of living among all of the nation’s major cities. Sizable portions of their residents moved to other, more affordable metros as workers took advantage of newfound mobility.”

The pattern of migration has been particularly from high-cost coastal metro areas such as New York, Los Angeles and San Francisco to the suburbs of Texas metro areas such as Dallas Fort Worth and Austin.

“The in-migration from the crowded coastal cities to Texas metros has brought additional workers and their talents, and firms and their investment, which have collectively fueled the state’s sustained economic growth,” notes the report. “But with these gains comes some pain. The large inflow of people has likely contributed to rising apartment rents and home prices, especially at a time of shortages in construction materials and labor.”

By Staff

Tags: CatalyzesCOVIDmigrationTexas

Related Posts

U. S. Consumer sentiment falls to record low
News

U.S. Consumer Sentiment Falls to Record Low

Hackers steal $100 million worth in latest crypto heist
News

Hackers Steal $100 Million Worth in Latest Crypto Heist

Tesla loses spot on s&p 500 esg index
News

Elon Musk is Worried About Tesla’s Possible Bankruptcy

Warren buffett boosts stake in occidental petroleum, spends $529 million
News

Warren Buffett Boosts Stake in Occidental Petroleum, Spends $529 million

Netflix explores ads, plans to control shared passwords
News

Netflix in Talks with Google, NBCUniversal on Ad Partnership

Naomi osaka launches media platform with lebron james
News

Naomi Osaka Launches Media Platform with LeBron James

Canada’s inflation rate hit 7. 7% in may, its highest since 1983
News

Canada’s Inflation Rate Hit 7.7% in May, its Highest Since 1983

Why some regions see gas price surges after a storm—and why others don’t
News

Biden to Call for 3-Month Suspension of Gas and Diesel Taxes

Powell says rates to keep rising until proof of inflation slowdown
News

Powell Says Rates to Keep Rising Until Proof of Inflation Slowdown

Docusign ceo dan springer steps down
News

DocuSign CEO Dan Springer Steps Down

No Result
View All Result

Recent Posts

  • Smart Cities, Smarter Public Health
  • U.S. Consumer Sentiment Falls to Record Low
  • Hackers Steal $100 Million Worth in Latest Crypto Heist
  • Elon Musk is Worried About Tesla’s Possible Bankruptcy
  • Standing Still Is Not an Option

Recent Comments

    Archives

    Categories

    • Art & Culture
    • Business
    • CEO Interviews
    • CEO Life
    • Editor´s Choice
    • Entrepreneur
    • Environment
    • Food
    • Health
    • Highlights
    • Industry
    • Innovation
    • Issues
    • Management & Leadership
    • Multimedia
    • News
    • Opinion
    • PrimeZone
    • Printed Version
    • Travel
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    CEO Latin America | ES

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

     

    AUSTIN

    600, Congress Avenue 14th Floor
    Austin, TX.
    78701
    USA
    +1 512 649 0340

    NEW YORK

    387 Park Ave South,
    New York, NY.
    10016
    USA
    +1 212 796 64 15

    CEO North America © 2022 - Sitemap

    No Result
    View All Result
    • Home
    • Business
      • Entrepreneur
      • Industry
      • Innovation
      • Management & Leadership
    • CEO Interviews
    • CEO Life
      • Art & Culture
      • Food
      • Health
      • Travel
      • Environment
    • Opinion
    • News
    • Multimedia

    © 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?