The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Friday, November 13, 2020 Contact: Jeannine Aversa, (301) 278-9003 Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2018 Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.8 million workers in the United States in 2018, a 1.9 percent increase from 7.7 million in 2017, according to the Bureau of Economic Analysis. 8 7 7 6 6 5 5 4 4 3 3 2 2 1 1 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 U.S. Bureau of Economic Analysis Employment (left axis) Percent Millions of employees 8 Employment by Majority-Owned U.S. Affiliates 0 Share of total U.S. private-industry employment (right axis) Highlights of the statistics on MOUSAs in 2018: • • • • • MOUSAs accounted for 6.0 percent of total private-industry employment in the United States. Current-dollar value added of MOUSAs, a measure of their direct contribution to U.S. gross domestic product (GDP), increased 8.4 percent to $1.1 trillion. Expenditures for property, plant, and equipment by MOUSAs increased 4.0 percent to $277.4 billion. Research and development (R&D) performed by MOUSAs increased 6.6 percent to $66.9 billion. By state, private-industry employment accounted for by MOUSAs was highest in South Carolina (8.8 percent), Kentucky (8.4 percent), and Michigan (8.2 percent). BEA statistics—including GDP, personal income, the balance of payments, foreign direct investment, the input-output accounts, and economic data for states, local areas, and industries—are available at www.bea.gov. E-mail alerts are also available. NOTE: The next release in this series will present data for 2019 and will be available August 20, 2021. Bureau of Economic Analysis, U.S. Department of Commerce
@FedFRASER