Ohio: The New Destination for Companies and Professionals from the Coasts
21 Oct 2021
For years these coastal areas have seemed “the place to be” for opportunities. But high costs of living and doing business and population problems are influencing citizens to look for other options.
Times have changed. The COVID-19 pandemic influenced a lot of businesses to re-evaluate how they operate and where they’re investing capital. Now, these companies realize they can be globally successful outside of more expensive coasts.
The COVID-19 pandemic has coincided with more do-it-yourself movers leaving densely populated U.S. areas, specifically New York City and the San Francisco Bay Area, according to a U-Haul® special report analyzing migration trends from 2020. Since 2016, over 40 new companies, nearly 10,000 jobs, and $625M in payroll have come to Ohio from the coasts.