Quote:
Originally Posted by dc_dux
Ten year trends?
From SBA and Census data:
In 2000, there were 658,898 small businesses (under 500 employees) in California; in 2008, there were 723,880.
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Let's play battle of the factoids (Factoid - in the context of not disputing the accuracy but in putting bits of information on the table that could lead to improper conclusions), i love these "chest pounding" contests.
Population Shift to Southeast and Rocky Mountains Accelerates | Construction Industry News | Reed Construction Data
I won't give my interpretation of the graphic above, everyone can come to their own conclusions. I just ask, who do you think is leaving California and why? Who is going to California and why?
In response to your factoid - it shows small business growth of about 10%. In 2000 the California state expenditures was a little less than $80 billion, in 2008 the number was close to $105 billion a 31% increase. Here is a link to a data table showing non-farm employment growth of 6.9% from 2000 to 2007. It is not a perfect match but population growth from 2000 to 2008 was 8.5%. Is there something wrong here? Perhaps, don't you agree?
California QuickFacts from the US Census Bureau