Phone (504) 262-9878  

New Orleans, New American Economy Reiterate the Economic Impact of Immigrant Communities

Recently, President Donald Trump stepped up his efforts to end “Sanctuary Cities” in America. The Department of Homeland Security released a list of cities that the agency didn’t consider properly compliant with the agency and its immigration enforcement-related requests. New Orleans was on that list. Today, New Orleans joined the New American Economy think tank as itpushed back against Trump’s opposition to sanctuary cities. A report released by the think tank shows the economic impact of New Orleans’ immigrant community.

“New Orleans is proud to be a welcoming city because we know that diversity is a strength,” New Orleans’ Mayor Mitch Landrieu said. “This report underscores the invaluable contributions immigrants continue to make to our city and our economy.  I am proud to stand with mayors from across the country in calling for comprehensive immigration reform to help strengthen local economies and communities.”

The big picture findings of the New American Economy study are that members of New Orleans’ immigrant community make “an outsized contribution to the local economy through their high rates of entrepreneurship, large tax contributions, and spending power.”

Screen-Shot-2017-03-22-at-2.00.58-PM.png

More specifically:

In 2014, foreign-born households contributed $7.6 billion to the gross domestic product (GDP) of the Greater New Orleans metro area.

In 2014, immigrants in Greater New Orleans paid $525 million in federal taxes and $196 million in state and local taxes. They also held $2 billion in remaining spending power.

Foreign-born residents of Greater New Orleans also support federal social programs. In 2014, they contributed more than $265 million to Social Security and almost $77 million to Medicare.

In 2014, immigrant-owned businesses in Greater New Orleans generated $174 million in business income.

Because of the role immigrants play in the workforce helping companies keep jobs on U.S. soil, immigrants living in Greater New Orleans in 2014 helped create or preserve 4,285 local manufacturing jobs that would have otherwise vanished or moved elsewhere.

Foreign-born residents tend to have higher educational levels than U.S.-born citizens in the Greater New Orleans metro area. If the metro area retains one-half of its international students who graduate with bachelor’s degrees or higher, 458 local jobs will be created within six years, boosting the area’s real GDP by $114.6M within the next 30 years, and increasing its population by 3,668 people within the next 50 years.

In 2014, 92.8 percent of the foreign-born had been in Greater New Orleans for more than a year. In fact, 59,582 immigrants, or 64 percent of the metro area’s foreign-born population, have been in the country for more than 10 years.

For more, you can read the whole report, which breaks the details down to infographics.

 

Get in Touch with Us

Are you having legal issues with Immigration? Do you need legal representation?

Contact Us

AILA

Best Immigration
Lawyers in New
Orleans
2016