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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: calgal who wrote (8325)1/21/2003 6:11:44 PM
From: MSIRespond to of 306849
 
"More people left California than moved in"

bizjournals.com

"In what's almost certainly another sign of the state's tarnished economy, more people moved out of California than moved in during 2002, says United Van Lines of St. Louis.

The migration out was the highest in seven years. But it was still small enough that United, the nation's largest mover of household goods, considers California's inflow and outflow to be balanced.

The numbers come from United Van Lines' 26th annual migration survey, released this month. It shows that of 43,694 United Van Line household good shipments involving California last year, 22,744 or 52 percent were outbound loads, and 20,950 or 48 percent were inbound.

The 2002 survey is based on the 198,571 interstate household moves handled by United among the 48 contiguous states. It does not count moves handled by other companies or by people who did their own moving.

The highest outbound states for 2002 were North Dakota (63.2 percent), Indiana (60 percent) and Illinois (58.6 percent). The highest inbound states were Nevada (65.5 percent), Oregon (61.3 percent) and Idaho (61.1) percent.


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United has a network of 1,000 affiliated agencies in 135 countries around the world.

"Migration patterns generally correspond with what is happening in the economy," said William F. Beard Jr., the company's executive vice president. "With corporations and individuals all experiencing economic pressures, we haven't seen many drastic shifts in migration from one region to another."