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The Southeast is Becoming the Center of US Wealth


$100B wealth migration makes south center of U.S. wealth By FINANCIAL ADVISERS Reading Time: 7 mins read Drive along the 240-mile stretch of the Atlantic coast from Charleston, South Carolina, through the grassy marsh land of southern Georgia and down into northern Florida, and you’ll see one of the most profound economic shifts in the U.S. today. Welcome to the New New South. Electric-vehicle factories and battery plants are overtaking pine forests in this region of antebellum architecture and shrimp and grits. More broadly, the entire South from here, north to Kentucky and west to Texas, is where businesses are moving…

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