New FDI Data: 6.8 Million U.S. Jobs Directly Supported by FDI
The latest data are in! On Wednesday, the Bureau of Economic Analysis (BEA) released highly anticipated updates to data regarding foreign direct investment (FDI). In 2015 (latest available data), FDI continued to play a critically important role in the American economy.
The biggest take-away: nearly seven million U.S. jobs are directly supported by the U.S. affiliates of majority foreign-owned firms.
Read the blog post from BEA to learn more about the jobs and industries supported by FDI.
6.8 million U.S. jobs directly supported
Nearly $57 billion in R&D spending in the United States
$353 billion towards U.S. goods exports
While our U.S. fact sheet has the latest total FDI stock figures, we are in the process of updating our state and country fact sheets to include the new data from BEA. Once the update is complete, we will announce it via email and social media. Stay tuned!
Note: FDI data on employment, R&D spending, exports, and more are finalized after two years. Thus, last year and up until this month, SelectUSA cited 2014 employment data. The latest total FDI stock data go back to the preceding year, which is why 2016 data is cited when referring to total FDI in the United States.
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