Monthly Archives December 2018

Study Finds More Companies Leaving California – Urges More to Exit the State

Summary of an announcement by Spectrum Location Solutions: “California’s business climate has deteriorated to the point that a consultant who specializes in helping companies find new locations is now – for the first time in his career – openly encouraging businesses to relocate out of state.” The recommendation comes in a new study about companies departing California for business-friendly states (a study done by yours truly). It estimates that 1,800 relocation or “disinvestment events” occurred in 2016 (the most recent year available), setting a record yearly high going back to 2008 – and that about 13,000 companies left the state
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