Sustained periods of inbound migration lead to (and reflect) greater economic output and growth. On the other hand, prolonged periods of net outbound migration can strain state coffers, contributing to revenue declines as economic activity and tax revenue follow individuals out of state.
The 2020 National Movers Study, while showing only a subset of all moves, still provides a targeted look at the types of interstate migration patterns we can expect to see in government-issued data once it becomes available.
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