⏩ Mapped: Fortune 500 Companies Are On the Move

What We’re Showing:

This chart tracks the states which saw the most number of Fortune 500 headquarter relocations from 2018–2023.

Data is sourced from CBRE published March, 2024.

💔 All My Tech-xes Now Live in Texas

Not only did Fortune 500 companies leave California during the pandemic, they left it for Texas.

The Lone Stars State's flexible vaccine requirements were a big draw, along with longer-term factors like lower taxes, costs, and commercial real estate prices.

🏔️ Colorado Central?

The Centennial State has also emerged as a tech hub over the last few years, helped by its business-friendly environment, educated workforce, and prime location between the two coastal timezones