Natural Disasters, Migration Loom Large Over State Budgets -- Market Talk

Dow Jones

Jun 04, 2025

1046 ET - Natural disasters and migration patterns loom large over state budgets in the U.S. "We are seeing more disasters and we are seeing more expensive disasters," Conning's Karel Citroen says. "In part, that is because people have moved to areas that are more more exposed" such as Florida and Texas, he says. As a result, insurance costs have skyrocketed in these locations, increasing living costs and pushing people to move out, eroding the local tax base. In a recent study, Conning found that international immigration boosted population growth in Florida, Texas and Nevada, while Utah and South Carolina remained popular destinations for retirees and people fleeing higher costs elsewhere. (paulo.trevisani@wsj.com; @ptrevisani)

(END) Dow Jones Newswires

June 04, 2025 10:46 ET (14:46 GMT)

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As a result, insurance costs have skyrocketed in these locations, increasing living costs and pushing people to move out, eroding the local tax base. In a recent study, Conning found that international immigration boosted population growth in Florida, Texas and Nevada, while Utah and South Carolina remained popular destinations for retirees and people fleeing higher costs elsewhere. (paulo.trevisani@wsj.com; @ptrevisani) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 04, 2025 10:46 ET (14:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Natural Disasters, Migration Loom Large Over State Budgets -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNatural Disasters, Migration Loom Large Over State Budgets -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-06-04 22:46</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1046 ET - Natural disasters and migration patterns loom large over state budgets in the U.S. \"We are seeing more disasters and we are seeing more expensive disasters,\" Conning's Karel Citroen says. \"In part, that is because people have moved to areas that are more more exposed\" such as Florida and Texas, he says. As a result, insurance costs have skyrocketed in these locations, increasing living costs and pushing people to move out, eroding the local tax base. In a recent study, Conning found that international immigration boosted population growth in Florida, Texas and Nevada, while Utah and South Carolina remained popular destinations for retirees and people fleeing higher costs elsewhere. (paulo.trevisani@wsj.com; @ptrevisani) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 04, 2025 10:46 ET (14:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1894683348.USD","symbol_name":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2540625990","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540625990","pubTimestamp":1749048360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1046 ET - Natural disasters and migration patterns loom large over state budgets in the U.S. \"We are seeing more disasters and we are seeing more expensive disasters,\" Conning's Karel Citroen says. \"In part, that is because people have moved to areas that are more more exposed\" such as Florida and Texas, he says. As a result, insurance costs have skyrocketed in these locations, increasing living costs and pushing people to move out, eroding the local tax base. In a recent study, Conning found that international immigration boosted population growth in Florida, Texas and Nevada, while Utah and South Carolina remained popular destinations for retirees and people fleeing higher costs elsewhere. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1883839398.USD":"AMUNDI FUNDS INCOME OPPORTUNITIES \"A2\" (USD) ACC","BK4588":"碎股","BK4585":"ETF&股票定投概念","STT":"道富银行","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","BK4135":"资产管理与托管银行","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC"},"translate_title":"自然灾害和移民严重影响国家预算——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STT":1},"content_text":"1046 ET - Natural disasters and migration patterns loom large over state budgets in the U.S. \"We are seeing more disasters and we are seeing more expensive disasters,\" Conning's Karel Citroen says. \"In part, that is because people have moved to areas that are more more exposed\" such as Florida and Texas, he says. As a result, insurance costs have skyrocketed in these locations, increasing living costs and pushing people to move out, eroding the local tax base. In a recent study, Conning found that international immigration boosted population growth in Florida, Texas and Nevada, while Utah and South Carolina remained popular destinations for retirees and people fleeing higher costs elsewhere. (paulo.trevisani@wsj.com; @ptrevisani) \n\n\n  (END) Dow Jones Newswires\n\n\n  June 04, 2025 10:46 ET (14:46 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}