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Friday
May 25th

Moving company says 60 percent of clients leave N.J.

unitedvan011311_optBY BOB HOLT
NEWJERSEYNEWSROOM.COM

Reports say that New Jersey has been a large boost to keeping United Van Lines drivers employed. That report comes from United Van Lines.

United, the nation's largest private moving company, tracked the 146,837 cross-state moves in 2010 and New Jersey had the most disproportionate amount of out migration.

According to njbiz.com, the biggest net losers in the United survey were Michigan, Illinois, Pennsylvania, New Jersey and New York. New Jersey had 699 more outbound moves than inbound moves.

NorthJersey.com reports that United found 62.5 percent of the moves in New Jersey were residents leaving the state, while only 37.5 percent were people entering the state. Washington D.C. brought up the higher end, with 64.3 percent of moves going into the district.

Jerry Cantrell, president of the New Jersey Taxpayers' Association, isn't surprised by the findings. He said one way New Jersey could create jobs would be to reduce the state's corporate business tax rates.

The United report found Texas was the big winner for the sixth year in a row, with 1,640 more moves inbound than outbound. Bill Lyon, vice president and general manager for United, said relocation for employment was the leading motivation for an individual to move.

Bill Dressel, executive director of the New Jersey State League of Municipalities, said he would not put too much stock in one moving company's numbers, saying there's no way to know if they are representative of the totality of relocations. But he also said it's clear that New Jersey isn't keeping pace with other states from the recent U.S. Census figures, which will cost the Garden State a congressional seat.

A 2009 study by the Boston College Center on Wealth and Philanthropy found that between 2004 and 2008 New Jersey lost $70 billion in wealth as affluent residents moved elsewhere.

Governor Christie has cited that study, which was commissioned by the New Jersey Chamber of Commerce and the Community Foundation of New Jersey, as proof that the state's tax structure is pushing residents out of the state to places with lower burdens.

 

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