Mon 4 Jan 2010
The summary shows that immigrants are having a positive impact on MN:
Immigrants, Latinos, and Asians account for large and growing shares of the economy and population in Minnesota. Immigrants make up 6.6% of the state’s population, and 42.5% of them are naturalized U.S. citizens who are eligible to vote. “New Americans”—immigrants and the children of immigrants—account for 3.5% of all registered voters in the state. Immigrants are not only integral to the state’s economy as workers, but also account for tens of million of dollars in tax revenue and consumer purchasing power. Moreover, Latinos and Asians wield nearly $10 billion in consumer purchasing power, and the businesses they own had sales and receipts of $2.2 billion and employed more than 21,000 people at last count. At a time of economic recession, Minnesota can ill-afford to alienate such a critical component of its labor force, tax base, and business community.
The last line shows the organization and the reports bias, but here are some more numbers:
- In the Twin Cities metro area, 138 immigrant-owned businesses created 386 new jobs and spent $5.6 million on payroll, rent, and supplies in 2002, according to a study from the University of Minnesota.
- More than 1,000 Mexican-American businesses operated in Minnesota, generating an estimated $200 million in sales; while Latino workers employed in south-central agricultural industries added nearly $25 million to the local economy, according to a 2004 report by the Minneapolis Foundation.
- More than 16,000 Asian-Indians living in Minnesota accounted for $500 million in consumer purchasing power, paid $5.2 million in real estate taxes and $2.3 million in rent, and owned 400 companies that employed more than 6,000 people, according to the same report.
- Minnesota was home to 60,000 Hmong, whose businesses generated an estimated $100 million in revenue, according to the same report.
- Minnesota is home to the country’s largest Somali population, which numbered roughly 15,000 people as of 2002. Somalis in Minnesota accounted for $164 million in buying power and owned 600 businesses as of 2006.