Over the last week, communities in 49 U.S. states across eight countries and three continents declared “We’re ALL In!” as a part of Welcoming America’s 12th Annual Welcoming Week. More than 2,000 events took place since Welcoming Week 2024 kicked off on September 13, uniting neighbors throughout the country of all backgrounds to celebrate the diversity that makes each community strong and vibrant. With Citizenship Day taking place during Welcoming Week, over 400 naturalization ceremonies across the nation commemorated more than 17,000 people becoming new U.S. citizens. Read More.
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New research on the economic contributions of immigrants in Texas border communities highlights the crucial role immigrants play in communities along the U.S.-Mexico border. As of 2022, more than 5 million immigrants called the Lone Star state home. Immigrants living along the border have contributed billions of dollars in taxes, spent billions of dollars that are reinvested back into their community and across the state, and helped fill workforce gaps in different industries, which are critical to maintaining the vibrant Texas economy. The reports were released in partnership with Texans for Economic Growth—a statewide 160+-member business coalition powered by the American Immigration Council—the Brownsville Chamber of Commerce, the Laredo Chamber of Commerce, the El Paso Chamber of Commerce, the El Paso Hispanic Chamber of Commerce, Borderplex Alliance, and Texas Association of Business.
Read more: The Economic Contributions of Immigrants in Texas Border Communities
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A new report from the American Immigration Council highlights how immigrant entrepreneurs create jobs and make the U.S. more prosperous. The report finds that 46 percent of all Fortune 500 companies were founded by immigrants or their children. It is the highest level recorded since Council researchers started tracking immigrant entrepreneurs annually in 2011.
Fortune 500 companies founded by immigrants and children of immigrants are a global economic power. In FY2023, the 230 companies on the Council’s list generated $8.6 trillion in revenue. If these immigrant-founded companies were a standalone country, they would have been the third-largest economy in the world, surpassing nations like Japan, Germany, India, and the United Kingdom.
Read more: New American Fortune 500 in 2024 – The Largest American Companies and Their Immigrant Roots |
