California, the largest state in the nation, finally ranks as the nation’s top home of valuable Fortune 500 companies after a 10 year hiatus. Due to the state’s vast population, however, its standing erodes when evaluating states’ numbers of Fortune 500 companies per capita. Rounding out the top three states by Fortune 500 headquarters were California, Texas, and New York, coming in at 57, 52, and 52 respectively. However, after adjusting for state population, New York comes out on top out of the three with 2.64 Fortune 500 companies per million residents, followed by Texas at 1.73, then California at 1.46.
Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx
Full story: https://www.thecentersquare.com/california/article_4e06eefa-236c-11ef-a09a-3befe6536d98.html
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.