Definition
Individuals who moved residences within the last 12 months, changing states within the U.S. This represents interstate migration.
Why It Matters
A key indicator of broader economic and social trends influencing population shifts across the nation. It reflects job opportunities, cost of living, lifestyle preferences, and can impact state economies significantly.
Specific Relevance for Professionals:
Marketers
Prime target for national relocation services, major moving companies, and businesses expanding their reach across state lines. Helps identify regions gaining or losing population from other states for strategic targeting.
Researchers
Fundamental for studying interstate migration patterns, their causes (e.g., job markets, climate, taxes), and their impact on state demographics, economies, and political landscapes.
Consultants
Crucial for advising clients on national market expansion strategies, talent acquisition from other states, or assessing the long-term demographic health of states for investment purposes.
Public Policy Workers
Paramount for state-level economic development planning, understanding tax base changes, forecasting demand for state services, and informing policies aimed at attracting or retaining residents.
