No, Businesses are NOT fleeing California.

Claim

Fact

California has repeatedly, year over year, created substantially more new businesses than both Florida & Texas.

From January 2019 through June 2024, California created 1,112,339 new private sector businesses compared to 609,122 in Florida and 484,734 in Texas, according to seasonally adjusted data from the U.S. Bureau of Labor Statistics.

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