Immigrants send a record $23 billion home

The Dallas Morning News points out that Mexican immigrants sent a record $23 billion home in 2006. The article cites reduced sending costs and increased migration for the rise, which is the fifth straight of its kind. Roberto Suro from the Pew Hispanic Center disagrees. He "noted that Central Bank figures show a doubling of money transfers from $10 billion five years ago, and illegal immigration hasn't doubled in that time."

NDN's good friend Sergio Bendixen, who will be speaking at NDN's forum next week, was also quoted, saying that part of the increase is because the prosperity of Mexican workers has swelled:

"These immigrants are making some good money in the United States, and, therefore, they are able to send more," Mr. Bendixen said.