Wednesday, August 15, 2012

“Open For Business: How Immigrants Are Driving Small Business Creation In The United States”

The Partnership for a New American Economy has released the following report.
“Open For Business: How Immigrants Are Driving Small Business Creation In The United States” analyzes the increasing importance of foreign-born entrepreneurs on U.S. economic growth and job creation. Picking up and moving to another country is brave and risky, so perhaps it is not surprising that immigrants are venturing out and starting new businesses at a rate that far outpaces their share of the population. From local neighborhood shops to America’s largest companies, immigrant business owners contribute more than $775 billion dollars in revenue to our annual Gross Domestic Product and employ one out of every ten American workers at privately-owned companies across the country.
The report is available for download in pdf format “Open For Business: How Immigrants Are Driving Small Business Creation In The United States”