The red-state winners in the climb to become America’s next economic powerhouse
A corporate exodus is reshaping America’s business landscape — and deep-blue states are paying the price.The stakes go far beyond bragging rights. Corporate headquarters bring high-paying jobs, investment and tax...
By Fox News · Fox News
A corporate exodus is reshaping America’s business landscape — and deep-blue states are paying the price. The stakes go far beyond bragging rights. Corporate headquarters bring high-paying jobs, investment and tax revenue; they also boost local economies and political influence. According to a report by CBRE , one of the nation’s largest commercial real estate brokerage firms, 725 companies relocated their headquarters between 2018 and 2025. And the trend was clear — businesses increasingly left high-tax, heavily regulated Democrat-led states like California and New York for Republican states offering lower costs, lighter regulation and faster growth, like Texas and Florida. AMERICANS KEEP MOVING TO TEXAS AND FLORIDA — BUT ONE OTHER RED STATE IS GROWING EVEN FASTER And as companies increasingly relocate to Republican-led states, politicians in blue states are facing growing scrutiny over whether progressive tax-and-regulation policies are driving employers away, weakening growth and eroding the tax bases of some of America’s longtime economic powerhouses. The frequency of relocations accelerated in 2025, outpacing 2024 levels as companies looked beyond traditional coastal hubs for expansion opportunities. CBRE found the number of firms citing "growth opportunity" as the primary reason for relocating jumped nearly 47% from a year earlier. Texas emerged as the biggest winner in the battle for corporate America. Executives continue to reassess operating costs, tax burdens and workforce growth prospects while deciding where to invest for the future — and many landed on cities throughout the Lone Star State. Dallas-Fort Worth captured more than any metro area in the country with 111 headquarters relocations between 2018 and 2025. Austin secured another 88 and Houston added 31 in that same seven-year span. GOV. ABBOTT EXTENDS OFF-RAMP FOR NY BILLIONAIRES FLEEING MAMDANI'S POLICIES Taken together, those three Texas markets accounted for more headquarters gains than many s…