60% of new US manufacturing jobs attributed to FDI

Posted on 4 Jul 2017 by Jonny Williamson

Of the 656,000 new US manufacturing jobs created between 2010 and 2014, two-thirds can be attributed to foreign direct investment, according to Reuters analysis of federal data.

Direct investment by UK companies in the US was worth a reported $449bn in 2014, representing 15% of US total inward FDI. Although more recent figures aren’t currently available, $700bn in foreign capital has poured in over the past two years, totalling $3,7tn by the end of 2016 – a world…

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