The red-state winners in the climb to become America’s next economic powerhouse
A recent report highlights the trend of corporate relocations from high-tax, heavily regulated states to Republican-led states like Texas and Florida. Dallas has emerged as a leader in this shift, capturing the highest number of corporate headquarters relocations. This migration is prompting scrutiny of the economic policies in traditionally blue states as they face challenges in retaining businesses.
- ▪725 companies relocated their headquarters between 2018 and 2025, with a notable shift from Democrat-led states to Republican ones.
- ▪Dallas recorded the highest number of corporate headquarters relocations in the country, with 111 relocations during the seven-year period.
- ▪The frequency of relocations accelerated in 2025, with a nearly 47% increase in firms citing growth opportunities as their primary reason for moving.
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Economy The red-state winners in the climb to become America’s next economic powerhouse Report finds one Texas city captured 111 relocations in 7 years while a California hub lost 163 headquarters By Amanda Macias Fox News Published May 18, 2026 12:19pm EDT Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video ‘We say yes to business’: Texas Association of Business reveals why companies choose Texas Megan Mauro of the Texas Business Association tells Fox News Digital that low taxes and light regulation are key drivers of business migration to the Lone Star State. NEWYou can now listen to Fox News articles! A corporate exodus is reshaping America’s business landscape — and deep-blue states are paying the price.
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