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Marketwatch: Hardships? Setbacks? Why immigrants thrive as entrepreneurs
Outsiders face a tough struggle fitting into a new culture. They must figure out how to deal with, and overcome, frustration, loneliness and a steep learning curve. And that’s why immigrants make such great entrepreneurs—they’re once again outsiders facing many of the same kinds of obstacles. Been there, done that. I’ve been studying immigrants for over a […]
Read MorePower of the Purse: How Hispanics Contribute to the U.S. Economy
The report, Power of the Purse: How Hispanics Contribute to the U.S. Economy, finds: Hispanic households account for a large portion of America’s spending power. In 2015, Hispanics had an estimated after-tax income of more than $687.8 billion. That figure is equivalent to almost one out of every 10 dollars of disposable income held in the United […]
Read MoreThe Dream Act Could Add Millions to Your Congressional District
Current and former recipients of the Deferred Action for Childhood Arrivals (DACA) initiative are asking Congress to recognize the impact they and other Dreamers have on the United States, and to subsequently pass legislation that protects them from deportation and places them on a path to citizenship. One of the clear benefits of providing young […]
Read MoreThe Washington Post: Democrats can’t shut down the government, but they can win on DACA
There is lots of talk about whether Democrats will try to shut down the government, after the two-week funding bill runs out, in order to get relief for young people affected by President Trump’s decision to rescind the Deferred Action for Childhood Arrivals program. Harry Enten at FiveThirtyEight ponders: “Democrats arguably have more to lose politically from a […]
Read MoreTravel Ban 3.0 Developments: What You Should Know
The Supreme Court—with a 7-2 vote on Monday—gave the green light to the Trump administration’s third travel ban, allowing it to fully go into effect. In two brief orders, the Supreme Court temporarily lifted injunctions from federal courts in Hawaii and Maryland that had prevented the Trump administration from imposing an indefinite ban on the […]
Read MoreNew Americans in Indianapolis
Accounting for just 6.3 percent of the overall population, immigrants were responsible for nearly a quarter of overall population growth in the Indianapolis region between 2009 and 2014, and held $2.3 billion in spending power in 2014 alone. The brief, New Americans in Indianapolis, finds: Immigrants contributed $9.2 billion to the GDP of Greater Indianapolis in 2014. They also paid $522 million in federal […]
Read MoreNew Americans in Greater Indianapolis Contributed $9.2 Billion to GDP in 2014, New Study Shows
Indianapolis, IN – Today, New American Economy released a research brief in partnership with the Immigrant Welcome Center documenting the economic impact of immigrants in the Indianapolis metro area. Accounting for just 6.3 percent of the overall population, immigrants were responsible for nearly a quarter of overall population growth in the region between 2009 and 2014, and held $2.3 billion in spending power in […]
Read MoreImmigrants and Their Children Founded More Than Two-Fifths of All Fortune 500 Companies
The modern U.S. economy owes much of its success to the contributions of immigrants and their children. Among these contributions, it would be difficult to overstate the value of entrepreneurship. For instance, a new report from the Center for American Entrepreneurship (CAE) analyzes the role of immigrants and their children in 2017’s list of Fortune […]
Read MoreImmigrants as Economic Drivers in the Kansas City Metro Area in 2015
Immigrants contributed over $8 billion to the Kansas City metro area GDP in 2015, according to a new research brief released by New American Economy in partnership with the Greater Kansas City Chamber of Commerce. The report shows that immigrants in Kansas City are more likely to be working age and are overrepresented in key industries like […]
Read MoreThe Philadelphia Inquirer: New Pa. coalition: The economy needs immigrants
A statewide pro-immigration coalition stepped into existence on Wednesday morning, announcing itself hours before thousands of protesters prepared to converge on Washington to demand a permanent solution for young people whose DACA protection is ending. Congress has until March to find a solution, after President Trump rescinded the Deferred Action for Childhood Arrivals program, which […]
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