BREAKING: 2015 a Banner Year for #FDIintheUSA
The numbers are in and it's official: 2015 was another record-breaking year for foreign direct investment (FDI). The Bureau of Economic Analysis (BEA) released the latest FDI data and found that total FDI stock in the United States increased from $2.9 trillion to $3.1 trillion.
In 2014 (the latest available data), U.S. subsidiaries of foreign-owned firms employed 6.4 million Americans. The data from 2013 was also revised upward from 6.1 to 6.2 million jobs directly supported by FDI.
FDI is also enhancing U.S. global competitiveness with increased spending on high-value activities such as research and development (R&D). These U.S.-based affiliates of majority foreign-owned firms spent nearly $57 billion on R&D activities in the United States.
Linkages between trade and investment also deepened. Exports of goods shipped by majority foreign-owned affiliates increased in 2014 to over $425 billion, up from $360 billion in 2013 and accounting for over a quarter of all U.S. goods exports.
Read more on Tradeology and follow our #FDIintheUSA campaign on Twitter!
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