Between 2018 and 2021, 352 Corporate Headquarters Have Left California

Between 2018 and 2021, 352 Corporate headquarters have left California. The three top relocation destinations were Texas, Tennesee and Nevada. The main reasons given for thir exodus include California’s high taxes, the cost of living, the heavy regulations and the legal environment. Of the 153 that left just last year, 80 dwere from Los Angeles, 52 from San Francisco and 58 from Santa Clara. Trhis was published in the San Francisco Business Times Oct. 26, 2022.  The good news, according to a new research report just out, is that California is projected to be the world’s fourth-largest economy, possibly by early next year.