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The Dynamic Power of Ethnic Capital in Southwestern Minnesota. Bruce P. Corrie, Ph.D. Concordia University-St.Paul. Why Celebrate Diversity?. Introducing a dynamic element into Lake Wobegon Strengthening MN economic base Cultural Capital Global Networks. 2. Buying Power.
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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
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
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
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
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
Top Cities in Southwest MNBuying 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
Top Cities in Southwest MNBuying 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
Top Cities in Southwest MNBuying 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
Top Cities in Southwest MNBuying 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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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