Boom in Immigrant Small Business Owners in NYC: Report

Wall Street Journal: Metropolis
June 14, 2012

Foreign-born owners of small business in the New York metropolitan area grew by 66% between 1990 and 2010, according to a Fiscal Policy Institute report released Thursday.

Lead author David Dyssegaard Kallick attributed the growth to increases in the overseas-born population during the same period.

“Immigrants are playing a bigger role in step with their increase in the population,’’ said Mr. Kallick, a senior fellow at the institute and director of its immigration research initiative.

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