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Global Business News

The Economic Times

Global Business / The Economic Times

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Texas emerges as US' new economic powerhouse amid California exodus

Houston, Texas is leading corporate headquarters relocations, attracting 192 companies since 2018. Businesses are leaving California due to high taxes, regulations, and costs. This trend, detailed in a Partners Real Estate report, sees Texas, particularly Dallas-Fort Worth, Austin, and Houston, becoming a major business hub.

1 Jun 2026 2:48 pm