Money Sent Home by Migrant Workers Helps American Economy Too
 
Washington D.C. - Today, the Immigration Policy Center (IPC) released a report, Many Happy Returns: Remittances and Their Impact by Kristin Johnson, Ph.D. which analyzes remittances and their effect on the economies of both the U.S. and receiving countries. Remittances - the transfer of money by workers back to home countries - can constitute one of the top financial inflows to many developing countries, in some cases exceeding international aid.  Mexico and the Philippines are the top receiving countries from the U.S. and are also large consumers of U.S. goods.