Posted on 08/08/2007 5:01:52 PM PDT by SwinneySwitch
WASHINGTON (AP) - One in three Mexican migrants living in states where Hispanic migration is relatively new stopped sending money home this year. Anti-immigrant sentiment may be to blame, the Inter-American Development Bank reported Wednesday.
In states considered "new destination" states for Latinos, such as Georgia, Pennsylvania and North Carolina, only 56 percent of Mexican migrants said they sent money home, compared to 80 percent the previous year. Migrants in these states previously had the highest remittance rate.
By contrast, the rate of remittance for the first six months of this year was 66 percent - down from 68 percent - in states where Latino immigrants have traditionally lived, such as Texas, California and New Mexico. An estimated 10.4 million Mexican immigrant adults are living in the U.S., according to the Census Bureau.
Overall, 64 percent of Mexicans returned money they earned in the U.S. to their native country, compared to 71 percent in the first six months of 2006, the bank's annual survey found.
Remittances totaled $11.5 billion from January to June, compared to $11.42 billion last year. The Central Bank of Mexico has reported remittances from the U.S. totaled $23.1 billion in 2006. The Inter-American bank projected only a .6 percent increase this year.
For more on this story read Thursday's Brownsville Herald.
This money should be taxed at 75%.
Taxed @ 150%, pay back for all the freebies they are using.
Well, who’s left back in Mexico to send money too anyway?
Shakes one’s faith in Ministry of Truth’s GDP numbers.
One in three Mexican migrants living in states where Hispanic migration is relatively new stopped sending money home this year. Anti-immigrant sentiment may be to blame, the Inter-American Development Bank reported Wednesday.
What does “anti-immigrant sentiment’ have to do with them sending money home?
They meant anti-ILLEGAL immigrant sentiment.
I think they’re saving up for the digital broadcast switch in 2009 (or bail money).
I know what they meant, I was just quoting them. I still can’t figure out what that has to do with them sending money home.
States cracking down on traveling money.
I've been lying to pollsters for years.
Is there anyone remaining in Mexico to send?
Feel free to use my new word.
Well, its either that or global warming.
They can all get home loans now here in the US so they are probably making house payments.
Maybe they’re afraid to come out of the “shadows” because someone might report them to ICE??
Maybe they lost their job because their employer was afraid of being raided and sent to prison??
Toss me a bone here, sheana!!
What a waste of good clay!
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