Report: These Are The States Driving America's Economic Growth

Attorney and CPA Chad D. Cummings analyzes recent U.S. GDP growth data and the migration patterns driving it in this presentation. In 2025, the national economy grew 2.1 percent in real terms, with every state expanding. Florida led at 3.1 percent, Texas at 2.5 percent, and the Sun Belt outperformed the national average while high-tax states like California and New York showed slower underlying momentum when viewed alongside continued population loss. IRS migration data confirm that the states gaining residents and growing above the national average are those with no income tax and lower costs of doing business. This presentation shows how redomestication allows business owners to transfer their company’s legal domicile to Florida or Texas without dissolving the entity, without creating a new company, and on a completely tax-free basis while preserving the same FEIN, contracts, credit history, and bank accounts. If you own a business in a state losing population while relying on concentrated sector performance, the formula is clear. Learn more: https://www.cummings.law/redomestication/