I am on some list that results in my getting many invitations to review books, talk with authors, etc. Most of them ignore, but sometimes the content of emails I receive are worth sharing.
This morning I receive an email from a company called Wallet Hub, that had some interesting data.
Allow me to share the following:
With President Donald Trump’s immigration-policy reform actions likely to affect state economies, the personal-finance website WalletHub conducted an in-depth analysis of 2017's Economic Impact of Immigration by State .
In order to determine which states benefit most from immigration, WalletHub’s analysts compared the 50 states and the District of Columbia across 18 key metrics, ranging from “median household income of foreign-born population” to “jobs generated by immigrant-owned businesses as a share of total jobs.”
The information showed an interesting pattern. The states where immigrants had the most impact were:
1. CA
2. NJ
3. NY
4. MA
5. DC
6. CT
7. DE
8. WA
9. IL
10. HA
Now, that is an interesting pattern. And perhaps the pattern becomes more clear as we look at the states with the least impact (51 states because of treating DC like a state):
42. MT
43. AL
44. AR
45. TN
46. OK
47. WY
48. IN
49. SD
50. KY
51. MS
Now it should be clear — everyone of the states among the top ten as far as immigrant economic impact voted for Clinton, everyone among the bottom ten voted for Trump.
But there’s more.
Quoting again from the email:
Key Stats
- California has the highest share of the workforce who are foreign-born, 34.12 percent, 18.1 times higher than in West Virginia, which has the lowest at 1.88 percent.
- Maryland has the highest median household income for the foreign-born population, $71,081, 2.2 times higher than in New Mexico, which has the lowest at $32,489.
- New Mexico has the highest homeownership rate for the foreign-born population, 62.8 percent, which is two times higher than in North Dakota, which has the lowest at 31.8 percent.
- California has the highest share of foreign-born residents, 27.04 percent, 17.7 times higher than in West Virginia, which has the lowest at 1.53 percent.
- New Jersey has the highest share of foreign-born STEM workers, 41.0 percent, 19.5 times higher than in North Dakota, which has the lowest at 2.1 percent.
- The District of Columbia has the highest share of foreign-born adults aged 25 and older with a bachelor’s degree or higher, 51.5 percent, 3.1 times higher than in New Mexico, which has the lowest at 16.4 percent.
- The District of Columbia has the highest share of direct and indirect jobs created by the economic contributions of international students, 1.37 percent, 45.7 times higher than in Alaska, which has the lowest at 0.03 percent.
To view the full report and your state or the District’s rank, please visit:
wallethub.com/...
What should be clear is that those states where immigrants have the greatest impact were hostile to Trump’s rhetoric on immigration, perhaps because they see the benefit of immigration, and perhaps as well because they have a higher percentage of voters who were born in other countries.
Thought the information was worth sharing.
Peace.