Immigrants: Resource for Minnesota's Economy
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Immigrants contribute significantly to Minnesota's economy in three main ways: as workers, entrepreneurs, and consumers. Immigrant workers make up the majority of the state's labor force growth and occupy important roles in industries like manufacturing, agriculture, and healthcare. Immigrant-owned businesses are also growing rapidly and revitalizing many downtown and neighborhood economies. Additionally, immigrant communities collectively spend billions of dollars and support thousands of jobs through their consumer spending each year. Maintaining immigration flows will be important for Minnesota's economic future as the state's native-born workforce declines and ages.
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This document discusses key findings from CEOs for Cities about the drivers of the new economy and implications for urban policy. It makes several points:
1) National policy is essentially urban policy as cities are disproportionate drivers of economic output and new economic activity.
2) The economy is now global and regional in nature, so urban policy must consider these larger geographic scales.
3) An efficient regional economy uses all of its assets, including developing a knowledgeable workforce and reducing inequality.
It also examines how factors like education, functional specialization, and immigration contribute to economic growth and the need for cities to build on their unique strengths.
Annual Economic Outlook
Find out what’s in store for the economy with experts from Arizona State University's W. P. Carey School of Business.
Creating the entrepreneur farmers needed yesterday, today and tomorrow
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- The document discusses trends in rural labor and self-employment in China from 1980 to 2008 based on survey data from 2000 and 2008.
- It finds that while self-employment was common in the 1980s and 1990s, growing wages caused returns from self-employment to decline after 2000 and the number of self-employed fell as more became migrant wage workers.
- Rising wages, falling costs of capital, and growing demand for services are expected to further reduce self-employment in China in the future.Regions Charting New Directions: Metropolitan Business Planning
The document discusses a presentation on metropolitan business planning for the Milwaukee 7 regional economic development collaboration. It provides an overview of the drivers of the modern economy, including the importance of knowledge assets, human capital, and technology. It then analyzes key factors for metropolitan economic growth, including industry clusters, workforce skills, innovation capacity, and business dynamics in the Milwaukee region. Specific areas for further examination are identified, such as defining regional industry clusters, skills mismatches, barriers to business startups, and strengthening the commercialization of university research.
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Tom Stinson, MN State Economist and Tom Gillaspy, MN State Demographer, delivered a powerful presentation at a Minnesota High Tech Association CEO Briefing last summer.
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Immigrants make up about 7% of Minnesota's population and are an important part of the state and local economy. In Saint Paul specifically, 17.9% of residents are foreign-born. Immigrants fill important roles as workers, entrepreneurs, consumers, and taxpayers. While they have some short-term costs, studies show their long-term economic benefits to Minnesota outweigh these costs. Immigrant contributions include working in sectors with labor shortages, starting small businesses, spending in the local economy, paying taxes, and bringing important skills and networks that support economic growth.
BRIC Middle Class
The document discusses the emerging middle class in BRIC countries (Brazil, Russia, India, China). It defines the middle class based on various daily income thresholds. The middle class is growing rapidly in these countries due to economic development and income growth. This is driving increased consumption of goods, services, and higher education. However, challenges remain regarding infrastructure development, environmental sustainability, and meeting the expectations of the growing middle class.
Agsb economic form
This document summarizes an economic briefing given by Cielito F. Habito, Ph.D. to the Ateneo Graduate School of Business on June 4, 2013. The summary includes:
1) The Philippine economy has shown signs of improvement in recent years based on key indicators like inflation, unemployment, and GDP growth, but still lags behind other Asian countries and inequality remains high.
2) Growth is expected to continue being driven by government spending, private investment, remittances, and new economic opportunities. However, threats like fiscal problems in Europe, an appreciating peso, political instability, and failure to promote inclusive growth could undermine sustained growth.
3) Achieving truly inclusive growth that
A World of Opportunity: Understanding and Tapping the Economic Potential of I...
The document discusses a report on immigrant entrepreneurs in New York City. Some of the key findings are that immigrants drove all the growth in self-employment from 1990 to 2000, comprising 36% of the population but 49% of self-employed workers. Immigrant entrepreneurs face challenges like language/cultural barriers but are transforming neighborhoods and industries. Recommendations include integrating immigrants into economic development strategies, partnering with organizations they trust, and expanding access to banking and financing.
Metros at the Vanguard of Exports and Trade: NASBITE International Conference
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On April 3, 2014, Amy Liu gave a presentation at NASBITE’s Annual Forum in Memphis, TN. The presentation outlines how, despite national progress with exports, the U.S. remains an under exporter; and cities and metro areas are at the vanguard of helping the economy become more productive, globally oriented and prosperous.Hispanic Market Presentation 2015 7.23.15
The document provides information on the Hispanic population and market in the Pacific Northwest region of the United States. It discusses:
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2) Spending power and retail spending of Hispanics in key metropolitan areas of the region, with Hispanic retail spending reaching hundreds of millions of dollars annually in Seattle, Portland, and Yakima.
3) The diverse acculturation levels of Hispanics in the region and considerations for businesses in marketing and communicating cross-culturally to the Hispanic population.
Steuben County Snapshot
The document provides demographic, economic, and labor market data about Steuben County, Indiana from 2000-2014. It shows that the total population increased slightly and is aging, with more residents over 50. Educational attainment among adults increased, though many still only have a high school degree. The number of establishments and jobs grew, led by manufacturing, retail, and healthcare. Four of the top five industries lost jobs during this period, with manufacturing declining the most.
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The document summarizes information about the San Antonio Hotel & Lodging Association (SAHLA) and the hotel and tourism industry in San Antonio. SAHLA works to promote the hotel industry, support the local community, and grow tourism. Tourism has a large economic impact on San Antonio, generating billions in sales and supporting thousands of jobs. SAHLA provides educational assistance to students and charitable support to local organizations. The hotel industry in San Antonio continues to grow with new hotels planned and expansions underway.
Asia logistics-warehouse-2013
Regional logistics warehouses in Asia are increasingly sought after by investors for three key reasons:
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2) Investors are seeking less volatile assets with reasonable returns due to global economic uncertainty.
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Marion County Data Snapshot
The document provides a data snapshot of demographic, economic, and labor market information for Marion County. It experienced population growth between 2000-2013 primarily through natural increase, though domestic migration was negative. The population became more racially/ethnically diverse and older during this period. The county saw a doubling in the number of establishments from 2000-2011, largely through business startups. The top five industries were health care, government, retail, manufacturing, and administrative/support services, accounting for around half of all jobs.
Houston’s Energy Angst - Yardi Matrix Multifamily Winter 2016 Report
Rent growth in Houston has decelerated as the city's energy-driven economy has been impacted by low oil prices. While the economy has diversified, the drop in crude oil prices has slowed job and population growth and dampened the apartment market. Rent growth was 3.5% year-over-year in Houston compared to 6.2% nationally, and rents have declined on a trailing three-month basis. The outlook for multifamily fundamentals is uncertain due to slowing rent growth and a large amount of new supply in the pipeline that could pressure rents further, although rent growth is still forecast at 4.7% for 2016. The investment market in Houston is also beginning to sour as deal flow and pricing start
Attracting And Retaining Talent By Tom Stellman 2007
The document discusses challenges and opportunities for attracting and retaining talent in Texas. It notes that Texas will face a tight labor market as the Baby Boomer generation retires and the working age population grows more slowly. Younger generations, especially Generation Y, value quality of place factors like the environment, recreation, and diversity. Adapting to their needs and improving education will help Texas compete for talent going forward.
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Presentation by Amy Liu, co-director of the Metropolitan Policy Program at Brookings, on July 22, 2015 in Salt Lake City.
Elizabeth Garner - Colorado State Demographer
Powerpoint presentation for La Junta "the gathering" - Growing Forward: Population & Economic Trends in Colorado & Communities of Color
Philippines
The Philippines is an archipelago of over 7,000 islands located in Southeast Asia. It has a population of over 103 million people and its major languages are English and Filipino. The economy relies heavily on electronics exports, BPO services, tourism, and remittances from overseas Filipino workers. While the economy has grown in recent decades, it still faces challenges such as reducing poverty, unemployment, and income inequality. The Philippines has a developing market economy and seeks to attract more foreign investment to support continued economic development.
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Creating the entrepreneur farmers needed yesterday, today and tomorrow
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Regions Charting New Directions: Metropolitan Business Planning
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A World of Opportunity: Understanding and Tapping the Economic Potential of I...
A World of Opportunity: Understanding and Tapping the Economic Potential of I...
Metros at the Vanguard of Exports and Trade: NASBITE International Conference
Metros at the Vanguard of Exports and Trade: NASBITE International Conference
Houston’s Energy Angst - Yardi Matrix Multifamily Winter 2016 Report
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This document discusses building trust in the food system in an age of increased transparency and skepticism. It argues that trust is built through shared values, transparency, and stakeholder participation. Large food companies are often viewed as untrustworthy due to their size, so they must demonstrate that they prioritize ethics and the public interest over profits. To build trust, companies should be transparent about both positive and negative information, engage critics, and communicate in a way that is easily understood by the public online and in person.Dr. Michael Swanson's Slides from the 2014 Minnesota AgriGrowth Council Annua...
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1) Global food demand is projected to increase substantially by 2050 due to population and income growth, putting pressure on agricultural systems. Key commodities like palm oil, soy, and beef will need to significantly scale up sustainable production.
2) New approaches are needed across agricultural supply chains to improve sustainability. Areas of focus include reducing waste, adopting better farming practices, utilizing new technologies, defining property rights, and intensifying sustainable production. Multi-stakeholder initiatives and pre-competitive collaboration can help drive systemic changes.
3) Long-term contracts, increased transparency, and cooperation across the public and private sectors will be important to transform global commodity markets and meet rising demand for food and fiber in an environmentally responsible
Protecting Public Health through Food Safety
The document discusses the USDA's efforts to ensure food safety through its Food Safety and Inspection Service. It oversees meat, poultry, and processed egg products. FSIS works with over 10,000 employees to inspect plants daily and respond to outbreaks. It also collaborates with the FDA and implements policies using science-based prevention approaches to target pathogens across the farm to table continuum. The goal is to modernize inspection techniques and better protect public health.
Global Economic Outlook
The Minnesota Agri-Growth Council Annual Meeting and Speakers Conference is the organization’s premier annual event, bringing together key stakeholders in the food and agriculture industry from Minnesota and the Upper Midwest. As part of this program, Michael Swanson with Wells Fargo Bank presented on the Global Agricultural Economic Outlook.
Swanson
This document summarizes the keynote speech of Dr. Michael Swanson, Chief Agriculture Economist at Wells Fargo. Some of the main points discussed include: increasing economic volatility globally and how that will impact business strategies; examining factors driving volatility like globalization, speculators, and biofuels policy; the need for businesses to focus on risk management rather than trying to predict markets; and how being adaptable is important for thriving in changing economic environments with more volatility.
Policinski
Land O'Lakes is a $10 billion agriculture and food company focused on growing through innovation. It has a proud past as a farmer-owned cooperative founded in 1921 with deep roots in rural America. Today it is a strong, global business producing more food with fewer resources. Its vibrant tomorrow will require meeting challenges like increasing global food demand while protecting finite land and water. Continued productivity gains and telling agriculture's story of affordability and sustainability will be key.
Padgette
Dr. Stephen Padgette presented on global demand for food, feed, and fuel, which is increasing due to population growth. Global grain demand is projected to increase significantly by 2030 for crops like rice, cotton, soybeans, wheat, and corn. Technological innovation, including biotechnology, will be key to meeting this rising demand, by doubling yields through improvements to agricultural practices, plant breeding, and biotechnology. Biotechnology has been rapidly adopted, with over 14 million farmers using biotech crops on 331 million acres in 2009. Emerging technologies have potential to address challenges of increasing agricultural productivity, drought tolerance, biofuel production, and nutrition. Monsanto utilizes advanced breeding techniques including molecular breeding and a large germplasm
Stinson gillaspy
The document summarizes the state of the Minnesota and U.S. economies following the Great Recession. It finds that while the recession officially ended in 2009, recovery has been slow with real GDP growth below 2% through 2011. Job losses were severe, with Minnesota losing 4.3% of jobs since the recession began. Looking forward, challenges include an aging population, slowing labor force growth, rising healthcare costs, and the need to adapt to lower levels of economic growth and consumption in the new normal. Productivity gains through education, innovation and improving outcomes rather than just cost cutting will be important to economic success. Public sector productivity will also be key.
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The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
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- 1. Immigrants: Resource for MN’s Economy November 2009
- 4. Labor Force Growth Will Slow Sharply
- 5. Migration Will Be Increasingly Important Re Growing the Labor Force State Demographer projection revised 2007
- 6. Vacancies…Even in Recession Source: Grow Minnesota! Annual Report, 2008-2009
- 7. Warning! Trespassers Will Be Recruited
- 8. What Industries Fueled by Immigrant Works? (Top 5) Source: Migration Policy Institute 2006 66% 76% TOTAL, TOP 5 8% 13% Arts, Entertainment, Recreation 23% 21% Education, Heallth, Social Services 9% 12% Pro’s, Scientific, Management, Admin 12% 8% Retail Trade 14% 22% Manufacturing % Native- Born % Foreign-Born Industry
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