Much of the US has seen and even felt the impact dominating states such as New York, California and Massachusetts can have on economic climate for the entire country. Drawing in growing populations and corporate profits, these nationally leading states have long maintained an upper hand for attracting the best and in turn providing the best to those who live and operate in their area.
Renowned places like California’s Silicon Valley has been the place for well-established and up and coming tech companies while New York’s financial district leads the pack and Massachusetts dominates with a leading education and pharmaceutical network.
These areas do hold challenges however. Decades of high costs have been faced by both corporations and the area’s residents that work at them in order to be in the heart of a city, an industry or community.
But a new uprising of diversification and exploration is hitting the country and these favored locations hard. It’s in the headlines, it’s reflected in the economy and on the shuffling populations moving across state lines. The fact is, b… Read the full article here