you might think that hispanics are the fastest growing immigrant group in the country but you d be wrong. a new pew studies shows that asians have surpassed them. 31% for hispanics. 10 years ago asians made up 19% of new immigrants. the number has almost doubled in just a decade. let me bring in deborah faye err rick. a lot of people are talking in our morning meeting about what this means politically, what it means economically. asian immigration way up. it still only makes up 5% of the u.s. population. explain this to us. reporter: it s not 5 or 6%. what we re talking about is a record 18.2 asian-americans in the united states. three or four adults were born abroad. they came from dozens of countries in the far east, southeast asia, the indian subcontinent. the shift occurs over the last decade. in 2005 you see the number of hispanic immigrants dropping while the number of asian immigrants begins to go up sharply. four years later, in 2009, asians become the largest immig
candidates aren t telling you about what is and what is not within their power to change. but first, i ll tell you about a storm that s raging in the distance. it s headed to our shores. it s an economic storm. it hasn t hit yet. we re starting to feel the outer bands of it. those who watch me every week know, i m generally an optimist. but i understand the u.s. economy. the u.s. economy is driven about it confidence of its citizens. the customer in this case is the american consumer and is always right. they think things are slowing down, it will welcome self-fulfilling because they ll stop spending. businesses stop hiring. and the economy could grind to a halt. let me tell what you i m talking about. here s the good news. we had 20 straight months of job growth in the united states. the pace of that growth is slowing. the last five months, there have been fewer jobs created each month than were created than in the month before. but jobs are being created, not lost. so that
right. they think things are slowing down, it will welcome self-fulfilling because they ll stop spending. businesses stop hiring. and the economy could grind to a halt. let me tell what you i m talking about. here s got news. we had 20 straight months of job growth in the united states. the pace of that growth is slowing. the last five months, there have been fewer jobs created each month than were created than in the month before. but jobs are being created, not lost. so that should make people feel better, not worse. let s talk about your homes. a lot of your equity is there. the home prices in the routes probably at or near their bottom. the so-called shadow inventory of homes is lower. foreclosures are up. but those are a new wave of foreclosures from the signing scandal. we re probably near the end of this thing. fewer homes, less inventory makes it a good time to buy. if you re buying a home, at 4% mortgage interest rate or lower on a 30-year fixed mortgage, the rate yo