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U.S. Population Migrates From Coasts for ‘Gigantic’ Income Boost

New York, California and other high- cost U.S. states may lose residents as the economy recovers, continuing a trend during the past decade of Americans searching for more affordable regions to settle.

The U.S. population climbed 9.7 percent from 2000 to 2010, according to Census Bureau data. Five states — Nevada, Arizona, Texas, Utah and Idaho — grew at more than twice the national pace, as California, the most-populous, had its smallest increase ever, the data show.

By Brian Chappatta

Full Story: http://www.businessweek.com/news/2011-12-20/u-s-population-migrates-from-coasts-for-gigantic-income-boost.html

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