06/20/2019 | Press release | Distributed by Public on 06/20/2019 08:10
New York - Today New American Economy (NAE), a bipartisan research and advocacy organization focused on immigration, released new data highlighting the significant contributions immigrants make to Baltimore's community and economy. The data shows that immigrants in Baltimore are crucial job creators - the area's immigrant entrepreneur population grew more than 18 percent in just one year. Immigrants are also major consumers who help power Baltimore's businesses. In 2017, Baltimore's immigrants held nearly $8.7 billion in spending power, a $400 million increase from 2016.
The research is part of NAE's Map the Impact, an interactive map that quantifies immigrant contributions at the national, state, metro area, and congressional district levels, and across industries.
Key findings for the Baltimore metro area include:
'As Baltimore continues to grow, the local small business sector will be critical to this economic prosperity,' said Kate Brick, Director of State and Local Initiatives at New American Economy. 'Immigrants will continue to play an outsized role in this growth as they start new businesses and support the local economy through consumer spending.'
Map the Impact shows NAE analysis of the latest data from the 2017 American Communities Survey. You can find the new version of the Map at maptheimpact.org.