Thursday, February 9th, 2017

Immigration Helps US City Economies and Labor Markets, S&P Says


"With immigration on the minds of many voters in the run-up to this November’s presidential election, the U.S.-based financial services company Standard & Poor’s released Thursday some surprising information.  The widely-held notion that immigrants bring down a city’s credit rating --because they are less educated, low income or both-- is refuted by a report by Standard & Poor’s, which shows that U.S. cities with "significant immigration" saw their credit ratings improve over the last decade." - FNL, May 18, 2012.