Survey: Immigrants feeling economic pinch, too

While immigrants often come to the United States from Latin America for better lives, fewer of them now are sending money home, according to an April study from the Inter-American Development Bank. About 50 percent of Latin American immigrants surveyed said they send money home, a decrease from 73 percent two years ago.

Meanwhile, the amount of money sent home has barely risen nationwide, from $45.4 million in 2006 to $45.9 million this year. But the opposite is true locally — while the same amount of transfers are being made, people are sending less money to their families, according to local store owners and leaders in the Hispanic community”*

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