Immigrants in Detroit are helping to drive business activity and ease the city population decline, according to a study of demographic and economic impact of immigration in the Motor City.
The study by Global Detroit and New American Economy found immigrant-owned businesses in Detroit generated $15.5 million in business income in 2014.
“Detroit is an early pioneer in the rapidly emerging field of immigrant community and economic development and the data released today suggests that our efforts are paying dividends in population growth, business creation, and jobs,” said Steve Tobocman, executive director of Global Detroit, a group that supports immigrant entrepreneurs and works to leverage international talent to fill local business needs.
Read the full story from MLive (MI): Immigrants drive economy, ease population decline in Detroit, study shows
Read the report from New American Economy: New Americans in Detroit