Americans Flocking to the South, Positioning the Region for Economic Growth
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Americans are clustering in Southern states, accounting for 39% of the US population as of 2022. The South has seen nearly half the country's population growth since 1960.
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Eighty-two percent of Texans born in the state still lived there in 2021, showing little outmigration. North Carolina and Georgia also have high rates of native residents staying put.
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Florida, South Carolina, and Texas were among the fastest growing states by population from 2021-2022. Americans are moving South.
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The South has the most job openings and lowest unemployment levels in the country currently. Credit card spending has also risen more than other regions recently.
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Major Southern cities like Houston, Dallas, Miami, and Nashville are well-positioned for future economic growth based on industries like energy, finance, healthcare, and technology.