The Asian Minnesotan Economy is an estimated $18 billion and includes $8 billion in income and $18 billion in residential real estate. They pay close to an estimated $1 billion in state and local taxes. Asian Minnesotan renters pay $33 million in monthly rental payments to property owners. The 15000 + Asian Minnesotan businesses pay an estimated $700 million in annual payroll and employ more than 27,000 Minnesotans. There are 138,000 Asian Americans in the local workforce and 88,000 youth in the educational system. The rich cultural capital is reflected in Little Mekong business and cultural district in Saint Paul.
Economist rooted in the experience of ALANA (African Latino Asian Native American) communities with expertise in economic and academic inclusion and community empowerment. Pioneering work in the creation of "Cultural Destinations" a strategy to leverage cultural assets for wealth building in low income diverse communities. My work has been inspired by Mother Teresa, Mahatma Gandhi, Nelson Mandela, Dr. Martin Luther King, Jr., and Paulo Freire. Economist and a steward of the ALANA Brain Trust which works to bring capital and capacity to the ALANA communities.
The Minneapolis Fed conducted a business survey in partnership with community organizations to gauge the impact of the COVID crisis. 768 participated in the survey out of which 44 percent were minority businesses and 71 […]
This landmark report commissioned by Governor Jesse Ventura in 2000 explored the potential of minority businesses in Minnesota. It presented for the first time a change in perspective – viewing minorities as “assets” rather than […]
Bruce P. Corrie, PhD, Economist at Concordia University and ALANA Brain Trust Testimony HF1723, SF1569 There are an estimated 11,145 Minnesotans from Burma living mostly in Ramsey County. They are our most recent refugee community […]
