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Latin Times
Latin Times
Lifestyle
Pedro Camacho

Immigrants play a significant role in the development of Michigan's economy, study finds

Detroit, Michigan (Credit: Via Pexels)

According to a new report by the American Immigration Council, immigrants significantly contribute to Michigan's economic development, impacting everything from the labor force and business creation to consumer spending power.

The American Immigration Council collaborated with the Michigan Global Talent Coalition to produce the report titled "Contributions of New Americans in Michigan." Among the main findings, immigrants made up nearly 9% of Michigan's spending power in 2022, contributing a collective $23.1 billion to the state's economy. Immigrants also represent 8.4% of the employed labor force and are 24% more likely to be of working age compared to their U.S.-born counterparts, suggesting they can help mitigate labor shortages across various industries.

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