Migrant remittances rebound in sign of US recovery

Immigrants from most Latin American countries sent home substantially more money at the beginning of 2011 than they did a year earlier.

The trend signals the economic recovery in the US and other developed countries has improved prospects for foreign workers.

Guatemala, Honduras, El Salvador and Mexico received between 6 and 16 percent more revenue from remittances in January than in the same month last year.

Original source: Wall Street Journal