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Southern States Are Growing While The Northeast Shrinks


The gross domestic product of Florida, Texas, Georgia, the Carolinas and Tennessee

surpassed the cumulative economy of the Northeast in 2020 for the first time since data has been tracked and has continued to exceed growth since, according to data from the Bureau of Economic Analysis compiled by Bloomberg. The growth comes as businesses and people flock to the region seeking affordability, job opportunities, lighter tax and regulation laws and freedom from dense urban areas, according to experts.

 
 
 

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