The Census reports that our largest metropolitan areas have more people moving out than moving in, excluding foreign immigration. Not only are the old northeastern cities losing domestic residents, but so are Los Angeles and San Diego. Here are the results for the 25 largest metro areas:
Business Strategy Implications: If you’re looking to open new stores or offices to serve local populations, look to the fast growing cities. In many cases they are smaller, but their rapid growth allows more room for new entrants. Also, recruiting staff will be easier in the fast growing cities.