Saturday, January 28, 2023

U-Haul data shows NY at bottom of state growth list, who’s on top?

NEW YORK – New York remains one of the places in the US with the highest net loss of U-Haul trucks out of state.

New York ranked 46th in U-Haul’s ranking of growing states in 2022, down one spot from 2021 when it ranked 45th.

The U-Haul Growth Index is compiled based on the net profit of one-way U-Haul trucks arriving in a state or city compared to those departing from that state or city in a calendar year. haul website.

Not that the other three states are too happy about their rankings. New Jersey saw another dramatic drop to the bottom of the list this year, falling to No. 45, down nine spots from 2021, when it ranked No. 36. Connecticut finished in the middle of the pack at No. 28, but is down 10 spots. Last year’s ranking.

U-Haul says 2021 saw a record number of moves, and while that rate has slowed slightly in 2022, the trend of moving to the southwest and southeast continues.

Illinois ranked 49th on the list and California 50th, as the moving truck company saw high rental demand except for the West Coast, Midwest and Northeast.

For the second year in a row and the fifth time since 2016, Texas ranks first in moves, according to U-Haul transactional data. Missouri City, Richardson and Conroe were the cities with the highest net gains for the Lone Star State.

U-Haul’s ranking of growth states for highest net profit for U-Haul one-way movers places Florida second and the Carolinas third and fourth.

The top climbers for the year were Virginia and Alabama, both up 26 spots compared to 2021. Virginia moves from 31st in 2021 to fifth in 2022, and Alabama moves from 46th in 2021 to 20th in 2022.

The company cautions that population and economic growth are not directly related to U-Haul migration trends, but says that more than 2 million truck transactions at its 23,000 U-Haul truck and trailer share locations are a good indicator that How US States Are Attracting New Residents. ,

Nation World News Desk
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