NewGeography.com blogs

McKesson Moves to DFW from San Francisco

The Dallas-Fort Worth metropolitan area (DFW) will be the new headquarters of McKesson, the nation’s largest pharmaceutical distributor, the company announced this week. DFW will now have three of the top 10 companies in the Fortune 500 (ranked by total revenue). No other metropolitan area has more than one of the top 10. Dallas-Fort Worth is also home to Exxon-Mobil, the second largest company and AT&T, ranked ninth.

This continues the high-profile exodus of companies from California, with its high cost of living and Chief Executive Magazine ranking as the worst state for business. Not surprisingly, McKesson chose the state ranked as best for business, Texas.

A Look at Lordstown

With news that GM is closing its Lordstown assembly plant near Youngstown, I thought back to a short film I saw in grade school that made such an impression on me at the time that I never forgot it. In the wake of a strike at the plant in 1972, film makers interviewed workers at the plant and created a short documentary from it. Note at the scenes inside the plant are not from Lordstown. In fact, I think they are from a Ford plant. GM refused to cooperate with the film crew in any way, so they used other footage to give a look at life inside the plant in that era. If the video player doesn’t display for you, click over to watch on YouTube.

Another GM plant that’s closing is the one in Detroit’s former Poletown neighborhood. Steve Malanga at City Journal takes a look back at the senseless destruction of a city neighborhood carried out to build this plant that will now just become another hulking ruin in Detroit.

Maine Governor Moving to Florida for Lower Taxes

Maine governor Paul LePage has announced that he will move to Florida after his term expires in 2019. According to The Hill, taxes are driving the Governor away. He said: “I will pay no income tax and the house in Florida’s property taxes are $2,000 less than we were paying in Boothbay,” LePage said. “At my age, why wouldn’t you conserve your resources and spend it on family [rather] than spend it on taxes?”

Young People Leaving Buffalo, Despite Cuomo Claims

According to the Wall Street Journal, New York Governor Andrew Cuomo said that young people are returning "to upstate cities such as Buffalo." The Governor continued, “This is reality, these are numbers.” Cuomo was quoted in a 27 September article on the population and economic stagnation in New York. Actually, the latest American Community Survey domestic migration data for the Buffalo metropolitan area, there was net outmigration in 2011-2015. The rate of net loss was nearly double the metropolitan area loss rate among those aged 20 to 24, and more than triple the metropolitan rate among those aged 25 to 34. That is the reality, at least according to data developed by the US Census Bureau.

Transit Commuting Falls Behind Working at Home in 2017… New US Census ACS data

After years of substantially increasing numbers, working at home has now exceeded transit as an employment access mode. In 2017, 8 million people worked at home, compared to 7.6 million riding transit in the U.S. Since 2010, the share of workers at home has risen 21 percent, compared to transit’s 1 percent rise. More details will follow on newgeography.com shortly.