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PRESS RELEASE: Secretary Ross Announces Members of Investment Advisory Council
(August 12, 2019)
Secretary Ross today announced the names of 25 international business and economic leaders who will advise the Secretary of Commerce on how government policies and programs affect the United States’ ability to attract and facilitate business investment.
FDI in Agribusiness: Feeding the U.S. Economy
(November 21, 2019)
In honor of Thanksgiving and the recent addition of the agribusiness industry page to the SelectUSA website, it is a great time to look at how foreign direct investment (FDI) in agribusiness helps support feasts and festivities around the country.
FDI's Impact: 7.4 Million U.S. Jobs & $1 Trillion to the U.S. Economy
(November 15, 2019)
The Bureau of Economic Analysis (BEA) just released the latest batch of foreign direct investment (FDI) data...and it's very good news. As of 2017, majority foreign-owned firms directly employed 7.4 million American workers, a 3 percent increase from 2016. That's almost 6 percent of total U.S. private sector employment. These firms increased their contribution to the U.S. economy by 8.3 percent to $1 trillion, accounted for $258.6 billion in capital expenditures, $62.6 billion in R&D spending, and $382.7 billion of U.S. goods exports.
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