New Report Shows Immigrants Contribute Billions to Houston Economy

In a recent study from the New American Economy, a bipartisan research and advocacy organization, researchers found that there are more than 131,500 businesses in the Houston metropolitan area owned by individuals who were born in other countries. The study provides evidence of the positive economic impact of immigrants on the Houston economy. Houston has the highest foreign-born population and economic impact by immigrants of all cities in the state of Texas, both in terms of a $12.7 billion revenue in the form of local, state, and federal taxes and spending power of $38.2 billion. In fact, immigrants in Houston are 53% more likely to start businesses in Houston than the native-born population. The impact of these businesses on the local economy is immense. Researchers also noted the strong city government leadership and community programs in Houston that attract immigrants seeking to build businesses. New Report Shows Immigrants Contribute Billions to Houston Economy…

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