New research highlights the economic benefits of immigration in Texas
Washington D.C. – After looking through the findings from The Immigration Policy Center’s continuing series of reports analyzing the economic benefits of immigration in various states, there is no denying the contributions immigrants, Latinos, and Asians make in Texas and the important role they will play in the state’s political and economic future.
The compiled research shows that immigrants, Latinos, and Asians are an important part of Texas’s economy, labor force, and tax base. For example, immigrants and their children are a growing economic and political force as consumers, taxpayers, and entrepreneurs. Immigrants accounted for nearly 1-in-10 registered voters in the state and more than one-fifth of all workers. With the state working towards economic recovery, immigrants and their children will continue to play a key role in shaping the economic and political future of the Lone Star State. In addition, the 2008 purchasing power of Latinos totaled $175.3 billion and Asian buying power totaled $33.5 billion in Texas in 2007. So just how much of an impact on the economy would immigrants make if they were to be removed from Texas? The research finds that if all unauthorized immigrants were removed from Texas, the state could lose $69.3 billion in expenditures, $30.8 billion in economic output, and approximately 403,174 jobs.