Published November 20, 2015
WASHINGTON – New statistics detailing the amount and type of new direct investment made in the United States by foreign investors will be released by the Bureau of Economic Analysis on Monday, Nov. 30.
The data will be available in a news release on BEA’s website at 8:30 a.m. eastern time. The statistics cover new direct investments initiated in 2014 and will provide information on:
- The total amount of new investment foreigners are making in the United States.
- The industries that are drawing new foreign investment.
- The states attracting new investments as well as the countries of the foreign owners.
- The type of investment made – creating a new company or acquiring or expanding an existing one.
- “Greenfield” investment includes establishments of new companies by foreign investors and expansions of already existing companies.
Business people, economists, researchers and policymakers can use the data to help them assess the impact of foreign direct investment on the U.S. economy. The data can also be used by foreign entrepreneurs and others seeking to invest in the United States to make more informed business decisions. And, the data can be used by national and state policymakers to shape programs to attract foreign direct investment.
BEA previously collected similar information on new investments but discontinued doing so in 2009 because of budget constraints.
Personal income grew in 2014 in 2,662 counties, fell in 438, and was unchanged in 13. On average, personal income rose 4.6 percent in 2014 in the metropolitan portion of the United States and rose 3.2 percent in the nonmetropolitan portion. The metropolitan and nonmetropolitan portions grew 1.1 percent and 1.9 percent, respectively, in 2013. The percent change from 2013 to 2014 in personal income ranged from -35.1 percent in Wallace County, Kansas to 83.7 percent in McPherson County, Nebraska.
Per capita personal income—personal income divided by population—is a useful metric for making comparisons of the level of personal income across counties. Per capita personal income for 2014 ranged from $15,787 in Wheeler County, Georgia to $194,485 in Teton County, Wyoming.
For more information, read the full report.
Statistics detailing the activities of U.S. affiliates of foreign multinational enterprises (MNEs) are now available from the U.S. Bureau of Economic Analysis. The statistics, which provide information for the first time for 2013 as well as updated data for 2012, offer details on the finances and operations of U.S. affiliates of foreign MNEs, including their employment and compensation, sales, value added, capital expenditures, trade in goods, and expenditures for research and development.
Here are some highlights from the statistics:
- The current-dollar value added of majority-owned U.S. affiliates, a measure of their direct contribution to U.S. gross domestic product, totaled $835.6 billion in 2013. That’s an increase of $43.3 billion, or 5.5 percent, from 2012. Value added by affiliates rose at a faster pace than total U.S. private industry value added. As a result, affiliates’ share of U.S. private industry value added increased to 6.4 percent in 2013, from 6.3 percent in 2012.
- Affiliates with ultimate beneficial owners in seven countries— the United Kingdom, Japan, Germany, Canada, Switzerland, France, and the Netherlands —accounted for nearly three-fourths of the value added by all majority-owned U.S. affiliates in 2013.
- Majority-owned U.S. affiliates employed 6.1 million workers, rising 3.6 percent in 2013, following a 3.3 percent increase in 2012. The share of U.S. private industry employment accounted for by U.S. affiliates of foreign multinational enterprises was 5.2 percent, up from 5.1 percent in 2012.
- The states with the largest shares of total private industry employment accounted for by U.S. affiliates in 2013 were South Carolina (8.1 percent), New Hampshire (7.4 percent), and Delaware (7.1 percent).
- Exports of goods by affiliates rose by $10.5 billion, or 3 percent, and imports rose by $16.3 billion, or 2.5 percent, in 2013.
- Research and development performed by affiliates rose by $2.7 billion, or 5.4 percent, in 2013.
For more information, read the full article in the November Survey of Current Business.
In August 2015, BEA released statistics on the activities of U.S. multinational enterprises (including U.S. parent companies and their foreign affiliates).