Business and Industry

Entrepreneurship Takes a Hit as Immigrants Spurn U.S.

This country is no longer as attractive as it once was

|

The once steady rise in immigrant entrepreneurship has stalled in the United States, threatening to further slow an already sluggish economic recovery.

Over the past six years, the proportion of new companies founded by foreign-born individuals has slipped to 24.3 percent from 25.3 percent, according to a Kauffman Foundation survey published Tuesday. This updated previous studies showing a boom in immigrant entre­pre­neur­ship over previous decades.