The Dynamic Power of Ethnic Capital in Southwestern Minnesota

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Presentation transcript:

The Dynamic Power of Ethnic Capital in Southwestern Minnesota Bruce P. Corrie, Ph.D. Concordia University-St.Paul Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Why Celebrate Diversity? Introducing a dynamic element into Lake Wobegon Strengthening MN economic base Cultural Capital Global Networks 2 Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

-----the innovative edge, llc Buying Power Buying power is an estimate of the economic potential of people living in an area. $ 11 billion in Minnesota $1.3 trillion nationally Source: Selig Center 2 Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Fastest Growing Markets Blacks – Minnesota # 1 Asians - Minnesota # 4 Hispanics – Minnesota # 8 Source: Selig Center 2 Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

The Economic Contribution of Minorities in Southwest MN Buying Power $ 344 million Rent $ 1.5 million Real estate taxes $ 1.1 million State and Local Taxes $ 37 million Workforce Firms Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Top Cities in Southwest MN Buying Power Willmar $49 million Worthington $49 million Mankato $34 million Marshall $18 million St. James $18 million Glencoe $10 million Source: Author estimates 2 Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Top Cities in Southwest MN Buying Power (Contd.) St. Peter $9 million Hutchinson $8 million Madelia $8 million Litchfield $7 million Redwood Falls $7 million Mountain Lake $5 million 2 Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Top Cities in Southwest MN Buying Power Granite Falls $4 million Pipestone $4 million Tracy $4 million Jackson $3 million Montevideo $3 million Renville $2 million Windom $2 million Luverne $2 million Cokato $2 million Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Top Cities in Southwest MN Buying Power Heron Lake $1 million Benson $1 million Hector $1 million Morton $1 million Mapleton $1 million Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Top 100 Cities in Minority Buying Power Rochester 4 Duluth 10 St. Cloud 15 Willmar 19 Worthington 20 Moorhead 24 Faribault 26 Mankato 35 Austin 36 Albert Lea 39 Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Top 100 Cities in Minority Buying Power Winona 51 Marshall 53 St. James 54 Glencoe 73 Pelican Rapids 76 Waseca 77 St. Peter 79 Madelia 83 Fairmont 84 Hutchinson 85 Litchfield 91 Gaylord 94 North Mankato 97 Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

-----the innovative edge, llc Workforce Percent minority greater than minority share of workforce (5.07%) 184 Occupations 7 Occupation Categories Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Minority Greater Share of Occupation Categories All Computer and Mathematical Occupations All Production Occupations All Life, Physical, and Social Sciences Occupations Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Minority Greater Share of Occupation Categories All Protective Services Occupations All Food Preparation and Serving- Related Occupations All Farming, Fishing, and Forestry Occupations All Transportation and Material Moving Occupations Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Workforce: Minority Greater Share of Occupations Butchers and Other Meat, Poultry, and Fish Processing Workers Derrick, Rotary Drill, and Service Unit Operators, and Roustabouts, Oil, Gas, and Mining Gaming Services Workers Packaging and Filling Machine Operators and Tenders Medical Scientists Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Workforce: Minority Greater Share of Occupations Rank Medical Scientists 30.85% 5 Physical Scientists, All Other 18.67% 12 Economists 18.00% 14 Budget Analysts 17.78% 15 Computer Hardware Engineers 16.92% 20 Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Workforce: Minority Greater Share of Occupations Dancers and Choreographers 16.36% 22 Meeting and Convention Planners 14.71% 26 Market and Survey Researchers 14.52% 29 Biological Technicians 12.86% 34 Physicians and Surgeons 12.21% 35 Computer Scientists 11.39% 43 Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

El Pueblo Hispano Firms In 1997 - 3616 Hispanic firms with 391 million dollars in sales and an annual payroll of 63 million dollars. They grew 350 percent between 1987-97. Source: Economic Census, 1997 Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

El Pueblo Hispano Firms Most of the firms were in services (1395) followed by construction and retail. Largest concentration of firms were in Hennepin county, followed by Ramsey, Dakota, Winona, Washington, St. Louis and Olmsted counties. Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

El Pueblo Hispano Firms Mexican American, Mexican, Chicano was the largest ethnic group followed by Hispanic Latin American, Spaniard, Cuban and Puerto Rican. Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

El Pueblo Hispano Rural Firms In Olmsted and St. Louis counties during 1992-97, the number of minority firms more than doubled. Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Political Presence of Minorities in Southwestern Minnesota House District 20 A Aaron Peterson: 4 % House District 20 B Lyle Koenen: 5.6 % House District 21 A Marty Seifert: 7.7 % House District 21 B Brad Finstad: 4.9 % House District 22 A Doug Magnus: 3. 1% House District 22 B Elaine Harder: 11. 8 % Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Political Presence of Minorities in Southwestern Minnesota House District 23 A Howard Swenson; 5. 3 % House District 23 B John Dorn: 7. 4 % House District 24 A Bob Gunther: 6. 5 % House District 24 b Tony Cornish: 3. 1 % Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

Poltical Presence of Minorities.. Senate District 20 Gary Kubly: 4. 8 % Senate District 21 Dennis Frederickson: 6.3% Senate District 22 Jim Vickerman: 7.4% Senate District 23 John Hottinger: 6.3% Senate District 24 Julie Rosen: 4. 8 % Congressional District 1 (Gutknecht): 6.7% Congressional District 7 (Peterson): 6. 8% Source: http://www.lmic.state.mn.us/datanetweb/LegProf/State_Legislative_Districts.html Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019

-----the innovative edge, llc EMA Declaration Offer a culture of friendliness and hospitality to all; Provide opportunities for self-reliance; Invest in education and skill development; Flexible programs and policies; Inclusion in civic life; Immigration policies 2 Bruce P. Corrie, Ph.D. -----the innovative edge, llc 651 641 8226 4/18/2019