Newly released data might have Californians once again praying for rain.
Almost all of the state has fallen into “abnormally dry” conditions, except for the furthest northern reaches of California, according to a U.S. Drought Monitor map released Nov. 12.
Apart from NorCal, about 81% of the state is classed as in trouble. It's looking as though "abnormally dry" is actually the new normal there. But then, historically, the state was mostly desert, so it may be simply reverting back to its preferred environmental status.
And another large business bids California farewell:
The budget hemorrhaging in California continues as yet another major business has announced their plans to flee the state for the greener pastures of Texas.
Quality Custom Distribution is a major distributor to some of the nation’s largest food chains, including Starbucks, Chipotle and Chick-fil-A.
They plan to begin operations out of Frisco, TX in the next two months.
Jobs in the finance department, customer service, purchasing, and accounting have already begun to be posted in Frisco.
The company was formerly based in Irvine, CA.
Quality Custom Distribution will be joining such other notable tenants in the Frisco office park as Jamba Juice, which also moved its headquarters from California in mid-2016.
They're just the latest; dozens of companies large and small have moved out over the past decade, and the pace shows no sign of slowing any time soon.
Of all the states, California ranks dead last for policy friendliness, with key negatives for high taxes, high workers compensation costs and high electricity costs, according to the most recent report from the Small Business & Entrepreneurship Council.
Hundreds of companies and their workers have left California over the last seven years, trading in their surfboards for cowboy boots in many cases.
By far, Texas gained the most from California’s corporate exodus, according to a new report by California site selection consultant Joseph Vranich.
Relying solely on publicly available information, Vranich concludes that 1,510 companies moved all or some of their operations out of California from 2008 through 2014, taking with them valuable jobs, investment dollars and tax revenue. Texas’ most recent big deal was Toyota Motor Corp.’s decision to relocate its North American headquarters in Plano, generating roughly 4,000 jobs and $350 million in investments. Vranich estimates 3,000 of those jobs will come from California.
According to California's Democrat politicians, everything's roses and unicorn farts - but the numbers don't lie. And their response seems to be "Who are you going to believe - me, or your own lying eyes"?
Read more here: https://www.fresnobee.com/news/california/article237368339.html#storylink=cpy