We’re seeing shrinking remittance flows. We’re seeing net migration turn negative. And the economic fallout is just starting.

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Immigrants are fleeing the US workforce in historic numbers. The ripple effects are stark.

“This year the United States may experience a net outflow of immigrants for the first time in over 50 years … For the year as a whole we think it’s likely [immigration] will be negative”
https://www.washingtonpost.com/business/2025/06/15/trump-immigration-impact-economy-inflation/

Federal data shows the foreign‑born workforce has already dropped by over one million people since March
https://www.washingtonpost.com/business/2025/06/15/trump-immigration-impact-economy-inflation/

Remittances sent from the U.S. to Mexico plunged 12.1 % year‑on‑year in April to $4.76 billion—the steepest monthly decline since 2012
https://www.reuters.com/world/americas/mexico-records-worst-monthly-remittance-decline-since-2012-2025-06-02/

The number of transactions dropped 8.1 % and average payment size fell 4.4 %
https://www.reuters.com/world/americas/mexico-records-worst-monthly-remittance-decline-since-2012-2025-06-02/

Western Union cited ICE raids on its recent earnings call, saying enforcement actions are hitting its US‑to‑Mexico money‑sending business. Influence on volume was described as substantial
(Reported by Market watcher Eric Finnigan; no raw link )

This is the largest remittance corridor in the world—Mexico receives over $60 billion annually from the U.S.

Still from Reuters and Mexican data we see total remittances in first four months of 2025 are down 2.5 % compared to same period last year
https://www.reuters.com/world/americas/mexico-records-worst-monthly-remittance-decline-since-2012-2025-06-02/

Economists warn the decline is the steepest in more than 30 years, a period including financial crises and housing collapses. Trump‑era immigration policies, ICE raids, canceled work permits and deportations are all key drivers
https://www.washingtonpost.com/business/2025/06/15/trump-immigration-impact-economy-inflation/

Industries like construction, agriculture and hospitality are losing workers at scale. Labor shortages are tightening across the board.