U-Haul Migration Trends: CONNECTICUT No. 8 Growth State for 2017

PHOENIX and ORANGE, Conn., Jan. 8, 2018 /PRNewswire/ -- Connecticut was the No. 8 Growth State for 2017, according to U-Haul data analyzing the past year's U.S. migration trends.

Year-over-year arrivals of one-way U-Haul truck rentals jumped 6 percent while departures rose 4 percent from Connecticut's 2016 numbers.

Arriving trucks accounted for 50.6 percent of all one-way U-Haul traffic in Connecticut to catapult it among the leading net-gain states. Connecticut earned the No. 17 growth ranking for 2016 after climbing from the No. 42 spot for 2015.

Growth States are calculated by the net gain of one-way U-Haul truck rentals entering a state versus leaving a state during a calendar year. Migration trends data is compiled from more than 1.7 million one-way U-Haul truck rental transactions that occur annually.

Texas was the No. 1 Growth State for the second year in a row. Florida, Arkansas, South Carolina and Tennessee rounded out the top five, and North Carolina ranked seventh, continuing a strong growth movement in the Southeast. California overtook Illinois on the list as the biggest net-loss state.

View the complete top 50 rankings along with more migration trends reports, including U.S. Growth Cities, at myuhaulstory.com.

While migration trends do not correlate directly to population or economic growth, U-Haul growth data is an effective gauge of how well states and cities are attracting and maintaining residents.

Bridgeport, Ridgefield, Groton, New Haven and Waterbury paced Connecticut's net gain of one-way U-Haul trucks. Torrington, Brooklyn and Old Saybrook were among other notable cities to post strong net gains. Find U-Haul stores and neighborhood dealers in Connecticut at uhaul.com/locations.

U-Haul is the authority on migration trends thanks to its expansive network that blankets all 50 states and 10 Canadian provinces. The geographical coverage from more than 21,000 U-Haul locations provides a comprehensive overview of where people are moving like no one else in the industry.

The arrival of U-Haul Truck Share 24/7 is revolutionizing the moving industry through its more convenient, more secure way to pick up and return a truck. U-Haul live verification technology allows rental transactions to be carried out entirely on a smartphone at any hour – day or night. There are no membership fees. Simply visit uhaul.com to create an online account.

What They're Saying about Connecticut

"We have a lot of different corporate tax laws and some larger businesses are moving out. However, after thinking about all the others moving in, I'm not shocked by Connecticut's ranking. We have a new Amazon distribution center in North Haven that will bring thousands of jobs. We have Electric Boat signing new contracts and hiring new folks. Connecticut has a combination of great schools and great jobs. We get a good mix of people moving here and it's clear we're growing. There is a (new) 400-resident apartment right next to our U-Haul facility in Hamden. In fact, we're just separated by a bike path." — Sherrill Sciortino, U-Haul Company of Connecticut president

About U-Haul

Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 21,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 now offers customers access to U-Haul trucks every hour of every day through the self-service options on their internet-connected mobile devices. U-Haul customers' patronage has enabled the U-Haul fleet to grow to more than 150,000 trucks, 112,000 trailers and 40,000 towing devices. U-Haul offers more than 581,000 rooms and more than 51 million square feet of self-storage space at owned and managed facilities throughout North America. U-Haul is the largest installer of permanent trailer hitches in the automotive aftermarket industry and is the largest retailer of propane in the U.S.

Contact:

Jeff Lockridge
Sebastien Reyes
E-mail: publicrelations@uhaul.com
Phone: 602-760-4941
Website: uhaul.com

View original content with multimedia:http://www.prnewswire.com/news-releases/u-haul-migration-trends-connecticut-no-8-growth-state-for-2017-300578840.html

SOURCE U-Haul