
Wealth Migration; South East States Dominate North East States | Hot Sheet 06/30/23
BAM Hot Sheet
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Introduction
Byron Lazine: A $100 billion wealth migration tilting US economy center of gravity to the south. Florida, Texas, Georgia and Tennessee contributing more to national GDP than northeast with its Washington, New York, Boston corridor. State tax revenue and a new core PC inflation report. Housing as we go into this fourth of July weekend.
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