REVEALED: America’s new economic powerhouses are Dallas, Houston, Nashville and

• The new shift was laid bare in a recent report from Barron’s, and could prove crucial to countless transactions and business moves made across the country
• Previously, places like Manhattan and LA were looked at as heavy-hitters when it came to business. Now, hubs set along the Sunbelt have stolen the distinction
• A combination of population spikes, headquarter migrations, and sheer size have begun to tip the scale in the Southern cities’ favor, experts told Barron’s

America’s economic powerhouses are shifting away from the Northeast and California, statistics have shown – with cities like Dallas, Houston, Nashville and Miami instead taking the lead.

The new shift was laid bare in a recent report from Barron’s, and could prove crucial to countless transactions and business moves made across the country in coming years.

Previously, places like Manhattan, LA, San Francisco, and Washington, DC, were pegged as heavy-hitters when it came to business and drawing residents. Now, hubs littered along the Sunbelt have stolen the distinction.

A combination of population spikes, headquarter migrations, and sheer size have begun to tip the scale in the Southern cities’ favor, experts who spoke to the publication said – also citing crime as a factor.

One person to take such a stance was Anthony Scaramucci, the founder and managing partner of prominent investment firm situated in New York. 

Pointing to the how residents relocated to places like Texas and Florida en masse since the pandemic, he insisted to the paper the shift should come as no surprise.

‘The blue states have lost the plot,’ the former White House official said this past Thursday as the report touting the new top US locales went to print.  

‘A half-million people have left New York state since 2020,’ he added, ‘because we are more interested in virtue signaling than addressing tough problems.’

Those problems – for the most part, lax laws on repeat offenders and eye-watering income tax – are to blame for the new phenomenon, which Barron’s stood up with statistics and occurrences that pertain to both business and population.

One such development shows why the Lone Star state has not one, but two entries in the new ranking – with Texas approving some 263,054 housing building permits just last year.

That, by far, takes the cake for the country – with California only barely eclipsing 207,000 permits back in 2004 when it was at its height of its growth.  

Moreover, Texas is the only large state to hit a new high for construction in 2022, Barron’s reported – creating the infrastructure needed to not only house, but connect citizens. 

‘Try to find a bad highway in Texas – or a good road in New York,” said Manhattan-based analyst Meredith Whitney, whose savvy as a…