FPI Report - Immigrant Entrepreneurs in USA
Newcomers to the U.S. Are Increasingly Opening Firms Beyond Major Cities, Energizing Local Economies
Immigrants are more inclined to own small businesses than native-born Americans and are increasingly opening shop in areas beyond the major cities in which they have traditionally settled, a trend that is energizing local economies and reshaping communities.
More than one in six small business owners in the United States is an immigrant, according to a new report from FPI's Immigration Research Initiative. Immigrants - people born in another country - make up 18 percent of all small business owners in the United States. By contrast, immigrants are 13 percent of the population and 16 percent of the labor force, according to the American Community Survey from 2010. That's a big change from 20 years ago, when immigrants made up 9 percent of the labor force and 12 percent of small business owners. The report includes national data, information about the 50 states plus the District of Columbia, and information about the 25 largest metropolitan areas in the country.
PDF Report http://www.fiscalpolicy.org/immigrant-small-business-owners-FPI-20120614.pdf
SOURCE: WSJ.com, FiscalPolicy.org