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Power 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 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 MoreKansas City Star: Chamber report proves immigrants’ contribution
Ricardo Quinones was six months old when his family left Mexico for the United States. Today, he uses his college degree in psychology as a “behavioral implementer” — focusing on the well-being and care of his clients, who suffer from intense behavioral issues. The overall goal is to decrease unwanted behaviors with positive coping strategies […]
Read MoreFirst Generation Farmer May Be Only-Generation Farmer if Foreign Labor Stays Home
Brandon Fawaz grew up tending backyard crops on 15 acres in Fort Jones, a small town in California’s far north Scotts Valley. The son of a Lebanese-American highway patrolman and a school principal, Fawaz ultimately stuck with farming. Today, Fawaz Farming, located 12 miles south of his hometown, produces hay and grain for consumption by […]
Read MoreDACA Recipient Wants to Give Her All to Only Country She Knows
In 2012, when Liz Cortez finally got her work permit under the Deferred Action for Childhood Arrivals (DACA), which allows undocumented immigrants brought to the country as young children to legally live and work in the United States, she treated the paper like a massive engagement ring. “I was obsessed with my work permit for […]
Read MoreAs DHS Ends TPS for Haiti, a Pattern Emerges. What Comes Next?
The Department of Homeland Security (DHS) announced last week that it would be ending Temporary Protected Status (TPS) for Haiti. 50,000 Haitians, along with hundreds of thousands of nationals from other countries, now face an uncertain future which could result in deportation to a country struggling to recover from an onslaught of environmental challenges. It […]
Read MoreTulsa World: Tulsa’s growing immigrant population responsible for significant economic gains, study shows
If you told Manuel Gomez 15 years ago how much of an impact Tulsa’s immigrant population would have on its economy now, he probably wouldn’t have believed you. Gomez, co-owner of local grocery chain Supermercados Morelos, is one of thousands of Tulsa immigrants contributing to the economic boost outlined in a study released Wednesday. Even […]
Read More4,000 Immigrant Entrepreneurs in Tulsa Metro Area Generated $55 Million in Business Income, New Study Shows
NEW YORK, NY – Today at the New Tulsans Summit, New American Economyreleased a report in partnership with the City of Tulsa and the Tulsa Regional Chamber documenting the economic impact of immigrants in the Tulsa metro area. Representing just 6.7 percent of the population, immigrants accounted for 27.9 percent of overall population growth between 2010 and 2015 and […]
Read MoreSenate Releases Homeland Security Funding Bill as Battle Over the Dream Act Looms
With the deadline for government funding fast approaching, the Senate Appropriations Committee finally released its draft version of the Department of Homeland Security’s (DHS) funding bill—and Congress is feeling the pressure. Not only does Congress need to pass a bill by December 8 to keep the government open, but some Democrats are willing to withhold […]
Read MoreImmigrants Contribute $390 Million to GDP in Iowa’s Story and Boone Counties
NEW YORK, NY — Immigrants living in Iowa’s Story and Boone Counties are preserving American jobs and paying millions in state and local taxes, a new research brief released by New American Economy and the Ames Chamber of Commerce finds. Though making up just 6.6 percent of the population, they contributed $390 million to GDP in 2015 and paid $17.3 million in state and local taxes. Furthermore, nearly 97 percent of […]
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