Red states like Florida are fast becoming magnets for people with entrepreneurial drive and a desire to be free of heavy government regulations. In 2021, Florida added 2,715 new information technology (tech) businesses—more than any other state. Texas added 10,851 tech jobs in 2021, more than double California’s gain. Florida led the nation in net domestic migration in 2022, with 318,855 people leaving their home states to become Floridians, and in the process adding about $13.6 billion to state economic output by my estimate.

How did this happen?

Read Dr. Jamison’s complete blog post at AEI.