Will Texas’ “Y’all Street” Rival New York’s Wall Street?
Goldman Sachs is building a $700 million campus in Dallas, and the New York Stock Exchange (NYSE) and Nasdaq have opened Texas outposts. The state that could survive as an independent nation is becoming the financial capital of the American interior. Local politicians and banking executives have a name for what is happening: “Y’all Street.”
The financial industry’s move to Texas is the latest chapter in a corporate migration that has been reshaping American economic geography for more than a decade. According to data from the Texas governor’s office, 121 companies moved their headquarters to Texas in 2020 and 2021 alone, with the pace continuing steadily through 2025.
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