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EMBARGOED UNTIL RELEASE AT 8:30 a.m. ET, Friday, August 19, 2022 Technical: Media: Kirsten Brew Thomas Dail (301) 278-9152 (301) 278-9003 BEA 22–39 Kirsten.Brew@bea.gov Thomas.Dail@bea.gov Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2020 Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.86 million workers in the United States in 2020, a 2.8 percent decrease from 8.08 million workers in 2019, according to statistics on MOUSA operations and finances released today by the U.S. Bureau of Economic Analysis (BEA). MOUSAs accounted for 6.4 percent of total private-industry employment in the United States in 2020, up from 6.1 percent in 2019, as total private-industry employment fell more than MOUSA employment. By industry, employment by MOUSAs was largest in manufacturing and in retail trade. MOUSAs with ultimate owners in the United Kingdom, Japan, and Germany were the largest contributors to total MOUSA employment. (See the section "Additional Information" for definitions of MOUSAs and other terminology used in this release.) 8 8 7 7 6 6 5 5 4 4 3 3 2 2 1 1 0 2012 2013 U.S. Bureau of Economic Analysis 2014 0 Percent Millions of employees Chart 1. Employment by Majority-Owned U.S. Affiliates 2015 2016 2017 2018 2019 2020 Employment Share of total U.S. private-industry employment (left axis) (right axis) Page 1 of 5 Current-dollar value added of MOUSAs, a measure of their direct contribution to U.S. gross domestic product, decreased 7.0 percent to $1.1 trillion in 2020. MOUSAs accounted for 6.8 percent of total U.S. business-sector value added, down from 7.0 percent in 2019. Expenditures for property, plant, and equipment by MOUSAs decreased 4.7 percent to $281.8 billion. MOUSAs accounted for 17.6 percent of total U.S. private business capital expenditures. Research and development (R&D) performed by MOUSAs increased 3.0 percent to $71.4 billion. MOUSAs accounted for 14.1 percent of total U.S. business R&D in 2019, the latest year for which all-U.S. business R&D data are available. By state, private-industry employment accounted for by MOUSAs was highest in South Carolina (9.4 percent), Hawaii (9.4 percent), and Michigan (9.1 percent). In South Carolina and Michigan, MOUSAs in the manufacturing sector employed the most workers, while "other industries," primarily accommodation and food services, employed the most MOUSA workers in Hawaii. Additional statistics on the activities of U.S. affiliates of foreign multinationals including sales, balance sheet and income statement items, compensation of employees, trade, and more are available on BEA's website. More industry-, country-, and state-level detail are available on the website and will be highlighted in the September Survey of Current Business. Page 2 of 5 Coronavirus (COVID–19) Impact on the 2020 Activities of U.S. Affiliates of Foreign MNEs Most of the key indicators included in the activities of U.S affiliates of foreign MNE statistics decreased in 2020 resulting, in part, from the impact of COVID–19. The full economic effects of the COVID–19 pandemic cannot be quantified in the statistics, because the impacts are generally embedded in source data and cannot be separately identified. Updates to the statistics Statistics for 2019 are revised to incorporate newly available and revised source data. Preliminary statistics for 2019 were released in August 2021 and highlighted in "Activities of U.S. Affiliates of Foreign Multinational Enterprises in 2019" in the September 2021 Survey. Table A. Updates to Statistics on 2019 Activities of U.S. Affiliates of Foreign Multinational Enterprises [Billions of dollars, except as noted] Number of employees (thousands) Value added Expenditures for property, plant, and equipment Research and development expenditures Preliminary estimate 7,947.0 1,133.2 284.6 71.4 Revised estimate 8,083.0 1,137.8 295.7 69.4 Next release: August 2023 Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2021 Page 3 of 5 Additional Information Resources • • • • • • • • Stay informed about BEA developments by reading The BEA Wire, signing up for BEA's email subscription service, or following BEA on Twitter @BEA_News. Historical time series for these estimates can be accessed in BEA's Interactive Data Application. Access BEA data by registering for BEA's Data Application Programming Interface. For upcoming economic indicators, see BEA's news release schedule. More information on the activities of U.S. affiliates of foreign MNEs will be provided in the September Survey of Current Business. More statistics on the activities of U.S. affiliates of foreign MNEs, including more detail by industry and country, are available on the BEA website. More information on the statistics on activities of U.S. affiliates of foreign MNEs is provided in U.S. International Economic Accounts: Concepts and Methods. BEA also publishes a companion series on the activities of U.S. MNEs. Data for 2020 will be released November 18, 2022. Definitions A U.S. affiliate is a U.S. business enterprise in which there is foreign direct investment—that is, in which a foreign parent owns 10 percent or more of the U.S. business enterprise. A majority-owned U.S. affiliate (MOUSA) is a U.S. affiliate in which the combined ownership of all foreign parents, either directly or indirectly, exceeds 50 percent. A foreign parent is the first person (in the broad legal sense to include any individual, partnership, corporation, or other form of organization), resident outside the United States, that has a direct investment interest in the affiliate. The ultimate owner, also referred to as ultimate beneficial owner (UBO), is that person, proceeding up a chain of majority ownership (where the entity above owns more than 50 percent of the entity below), beginning with and including the foreign parent, that is not owned more than 50 percent by another person. Unlike the foreign parent, the UBO of an affiliate may be located in the United States. Employment covers the total number of full-time and part-time employees on the payroll at the end of the year. Value added is the value of the final goods and services produced by a firm's labor and property. Value added represents the firm's contribution to gross domestic product. The estimates of value added in this release were prepared by summing cost and profit data collected in BEA's surveys of foreign direct investment in the United States and are conceptually consistent with BEA's estimates of U.S. value added by industry. Expenditures for property, plant, and equipment cover total expenditures for land and depreciable structures and equipment; they are gross of any sales, retirements, or transfers of previously owned tangible assets. Research and development (R&D) performed includes expenditures for R&D performed by the U.S. affiliate, whether the R&D was for their own use or for use by others, irrespective of the source of funding. Statistical conventions The statistics on the activities of U.S. affiliates of foreign MNEs are based primarily on data reported in the Annual and Benchmark Surveys of Foreign Direct Investment in the United States conducted by BEA. The statistics provide information on the operations and finances of U.S affiliates and cover the entire operations of the affiliate, irrespective of the percentage of foreign ownership. MOUSA shares of domestic activity are provided in this news release for employment, value added, R&D performed, and expenditures for property, plant, and equipment. These shares are computed by dividing MOUSA activity levels by measures of domestic activity from other data sets that are approximately comparable to the MOUSA measures. MOUSA measures include activities in Puerto Rico and other U.S. territories, while these activities are excluded in the corresponding domestic measures. For the employment share presented in this news release, MOUSA data on employment in Puerto Rico and other U.S. territories are excluded to improve comparability. The domestic totals used to compute shares are detailed below: • Employment statistics for all U.S. private industries come from line 3 (private industries) of National Income and Product Accounts (NIPA) table 6.4D "Full-Time and Part-Time Employees by Industry." Statistics for state-level shares come from BEA's Regional Economic Accounts in Page 4 of 5 • • • "private nonfarm wage and salary employment" minus "private households" from the table "FullTime and Part-Time Wage and Salary Employment by Industry" (SAEMP27). Statistics on value added for all U.S. businesses come from line 2 ("business-sector value added") of NIPA table 1.3.5 "Gross Value Added by Sector." Statistics on business R&D performed in the United States come from the National Science Foundation. Statistics on U.S. private business capital expenditures come from the U.S. Census Bureau Annual Capital Expenditures Survey. Related statistics Statistics on the activities of U.S. affiliates of foreign MNEs are one part of a broader set of U.S. International Economic Accounts that, taken together, provide a comprehensive, integrated, and detailed picture of U.S. international economic activities. Statistics on direct investment and multinational enterprises include annual statistics on the activities of U.S. MNEs, detailed annual and quarterly statistics on direct investment, and annual statistics on new foreign direct investment in the United States. Statistics on international services, released annually, include detailed annual information on trade in services and on services supplied through the channel of direct investment by affiliates of MNEs. The International Investment Position (IIP) Accounts are released quarterly. The IIP is a statistical balance sheet that presents the dollar value of U.S. financial assets and liabilities with respect to foreign residents at a specific point in time. The International Transactions Accounts (ITAs) are released quarterly. The ITAs are a statistical summary of economic activity between U.S. residents and the residents of other countries. U.S. international trade in goods and services, released by BEA and the U.S. Census Bureau, provides monthly statistics on trade in goods and services. News Release Tables Table 1. Selected Data for Majority-Owned U.S. Affiliates by Industry of Affiliate, 2020 Table 2. Selected Data for Majority-Owned U.S. Affiliates by Country of Ultimate Beneficial Owner, 2020 Table 3. Employment of Majority-Owned U.S. Affiliates, State by Industry of Affiliate, 2020 Table 4. Employment of Majority-Owned U.S. Affiliates, State by Country of Ultimate Beneficial Owner, 2020 Page 5 of 5 Table 1. Selected Data for Majority-Owned U.S. Affiliates by Industry of Affiliate, 2020 Millions of dollars Total assets All industries Manufacturing Food Beverages and tobacco products Paper Petroleum and coal products Chemicals Basic chemicals Pharmaceuticals and medicines Other Plastics and rubber products Nonmetallic mineral products Primary and fabricated metals Primary metals Fabricated metal products Machinery Computers and electronic products Semiconductors and other electronic components Navigational, measuring, and other instruments Other Electrical equipment, appliances, and components Transportation equipment Motor vehicles, bodies and trailers, and parts Other Other Wholesale trade Motor vehicles and motor vehicle parts and supplies Electrical goods Petroleum and petroleum products Other Retail trade Food and beverage stores Other Information Publishing industries Telecommunications Other Finance and insurance Depository credit intermediation (banking) Finance, except depository institutions Insurance carriers and related activities Real estate and rental and leasing Real estate Rental and leasing (except real estate) Professional, scientific, and technical services Architectural, engineering, and related services Computer systems design and related services Management, scientific, and technical consulting Other Other industries Mining Utilities Construction Transportation and warehousing Administration, support, and waste management Health care and social assistance Accommodation and food services Other (*) A nonzero value that rounds to zero (D) Suppressed to avoid disclosure of data of individual companies. U.S. Bureau of Economic Analysis (1) 16,162,768 3,170,170 170,962 209,771 27,348 273,051 1,046,208 185,425 689,034 171,749 78,166 86,297 127,319 72,712 54,607 143,383 209,802 77,954 76,582 55,266 145,914 484,325 418,288 66,037 167,623 1,028,308 299,082 108,381 196,255 424,589 203,543 80,241 123,302 505,875 77,805 246,110 181,960 9,186,052 4,280,120 2,022,477 2,883,456 354,179 205,865 148,314 361,627 34,942 122,073 110,919 93,693 1,353,015 213,519 313,200 94,454 161,264 82,746 35,748 79,248 372,835 Gross property, plant, and equipment (2) 2,909,773 1,210,885 70,008 34,336 18,966 261,107 271,512 120,986 97,737 52,789 39,910 64,151 55,994 39,178 16,817 35,401 45,398 27,308 10,794 7,296 22,500 247,778 236,190 11,588 43,823 418,497 157,432 23,310 136,974 100,780 108,414 55,697 52,717 147,009 6,607 109,334 31,068 140,154 24,111 88,469 27,574 212,060 135,712 76,348 34,011 6,543 11,625 3,280 12,562 638,743 173,104 240,721 27,137 109,133 18,988 9,235 35,901 24,523 Expenditures for property, plant, and equipment (3) 281,759 100,711 6,620 2,396 1,623 14,687 24,679 11,895 7,725 5,059 2,843 2,554 3,036 1,783 1,253 3,181 2,937 1,016 1,162 759 1,800 30,280 29,016 1,264 4,075 46,872 29,295 1,655 6,851 9,071 8,627 4,341 4,287 19,248 557 (D) (D) 27,439 1,789 23,533 2,118 19,227 10,562 8,665 2,938 603 840 408 1,086 56,697 9,685 21,696 5,806 9,923 2,209 1,046 3,305 3,026 Sales (4) 4,582,247 1,889,729 170,587 45,575 17,889 218,764 382,679 98,471 210,457 73,751 60,242 38,597 81,728 46,858 34,870 107,234 105,463 28,377 38,464 38,622 76,484 495,976 464,949 31,026 88,512 1,073,934 212,196 177,761 217,747 466,229 276,650 133,148 143,502 191,483 30,969 89,813 70,700 465,029 109,171 135,704 220,154 47,226 25,419 21,807 166,832 23,244 56,135 28,751 58,703 471,364 73,381 70,728 87,364 79,377 60,195 23,919 50,103 26,297 Millions of dollars Net income (5) 73,152 7,299 5,309 210 372 -13,880 -10,110 3,949 -17,037 2,978 2,387 2,068 382 -458 840 4,612 2,739 819 539 1,381 2,715 7,028 6,772 257 3,467 5,419 2,555 3,282 -7,015 6,597 1,093 2,049 -956 1,079 -1,680 448 2,311 32,268 9,860 14,483 7,925 1,564 -1,574 3,138 3,359 480 1,092 1,312 475 21,072 -9,652 2,481 782 3,132 3,704 1,433 -60 19,253 Value added (6) 1,058,294 444,596 42,150 17,722 5,544 35,516 100,319 27,870 56,040 16,409 19,771 14,292 19,579 8,431 11,148 29,214 25,914 6,703 11,084 8,127 20,791 83,246 72,704 10,542 30,539 98,250 7,376 17,656 10,329 62,889 65,602 32,454 33,147 63,055 9,951 26,121 26,983 121,739 59,594 47,743 14,402 23,595 12,323 11,272 66,895 9,943 23,177 16,834 16,942 174,563 20,805 25,930 18,519 30,769 33,684 12,258 25,060 7,537 Compensation of employees (7) 666,646 270,074 24,742 7,406 3,594 13,348 59,239 12,639 36,946 9,653 13,046 7,827 13,836 6,022 7,814 20,678 20,571 6,075 9,236 5,260 14,086 50,889 42,058 8,832 20,812 60,297 6,449 9,659 2,611 41,579 40,451 21,670 18,782 34,557 10,011 6,654 17,892 79,194 17,520 37,821 23,853 7,251 3,685 3,566 56,690 8,436 19,273 14,560 14,421 118,131 11,252 7,905 15,321 19,573 26,081 9,688 20,738 7,574 Thousands of employees (8) 7,858.1 2,821.8 345.0 84.2 40.4 88.3 420.3 107.3 221.3 91.7 162.3 89.5 169.2 71.5 97.8 239.2 203.4 60.5 77.2 65.8 155.2 601.6 512.3 89.3 223.2 662.0 76.5 76.9 25.9 482.8 923.5 479.0 444.5 335.5 88.8 102.8 143.9 412.0 99.5 152.3 160.2 79.3 44.6 34.8 471.9 80.7 154.7 101.2 135.2 2,152.1 91.9 67.7 144.6 327.9 584.9 134.7 658.1 142.2 U.S. exports of goods shipped by affiliates (9) 346,581 215,258 22,270 2,812 2,125 17,558 48,055 18,386 18,343 11,325 6,398 1,351 7,726 3,961 3,765 16,297 17,331 7,079 8,513 1,739 6,744 52,186 47,748 4,438 14,405 114,239 17,968 12,771 32,507 50,995 2,889 (D) (D) 971 955 (D) (D) (D) 0 (D) 0 (D) (D) 0 894 (D) (D) 0 0 (D) 10,345 548 (D) (D) (D) (D) (D) 679 U.S. imports Research and development of goods shipped to performed by affiliates affiliates (10) 646,526 307,654 8,554 4,304 2,504 24,324 55,142 15,347 29,250 10,545 8,141 1,702 11,194 4,629 6,566 15,187 24,013 6,369 9,749 7,894 6,902 131,817 128,702 3,115 13,871 314,240 87,862 64,356 28,235 133,788 18,612 (D) (D) 919 (D) 9 (D) (*) 0 0 (*) (D) 0 (D) 527 316 (D) 0 (D) (D) 2,792 800 270 (D) (D) 0 (D) 103 (11) 71,416 51,071 565 65 89 394 26,742 1,089 24,444 1,209 685 157 658 209 448 1,938 6,801 2,309 2,290 2,202 1,454 8,233 7,270 963 3,290 7,919 667 2,428 (D) (D) 243 (D) (D) 3,217 1,526 (D) (D) 111 0 92 20 (D) 1 (D) 7,969 272 2,092 (D) (D) (D) 386 78 79 3 32 (D) 8 229 Table 2. Selected Data for Majority-Owned U.S. Affiliates by Country of Ultimate Beneficial Owner, 2020 Millions of dollars Total assets All countries Canada Europe Belgium Denmark Finland France Germany Ireland Italy Netherlands Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America Brazil Mexico Venezuela Other Other Western Hemisphere Bermuda United Kingdom Islands, Caribbean Other Africa South Africa Other Middle East Israel Saudi Arabia United Arab Emirates Other Asia and Pacific Australia China Hong Kong India Japan Singapore South Korea Taiwan Other United States Addendum: European Union (27) 1 Gross property, plant, and equipment Expenditures for property, plant, and equipment Sales Net income Value added Compensation of employees Thousands of employees Millions of dollars U.S. exports U.S. imports Research and development of goods of goods shipped by shipped to performed by affiliates affiliates affiliates (1) 16,162,768 2,774,051 8,278,343 178,510 48,560 51,159 1,004,965 1,672,402 490,819 83,802 821,940 413,063 164,055 1,145,479 2,033,647 169,946 875,297 228,165 88,494 59,213 16,335 64,123 647,132 335,415 (D) (D) 13,293 9,617 3,676 230,245 107,862 28,921 64,855 28,607 3,607,713 245,620 267,568 48,785 60,793 2,653,349 64,647 173,978 56,728 36,244 383,826 (2) 2,909,773 441,095 1,538,935 27,309 14,106 8,859 139,006 359,699 66,879 46,917 131,474 84,648 26,166 110,579 389,162 134,130 117,629 59,969 16,128 21,421 (D) (D) 57,660 18,579 23,566 15,514 9,118 8,942 175 79,140 10,529 25,737 24,258 18,616 708,516 45,787 57,205 22,437 11,883 475,425 10,661 63,573 8,055 13,489 15,339 (3) 281,759 29,150 143,995 1,527 1,688 594 13,568 46,273 4,640 3,087 13,966 5,887 1,594 8,218 29,357 13,597 9,948 4,243 1,727 1,546 233 737 5,705 (D) 2,785 (D) (D) (D) 17 7,256 1,317 1,962 503 3,474 87,794 3,558 5,573 1,583 907 60,519 843 11,192 806 2,812 (D) (4) 4,582,247 386,979 2,506,429 40,597 32,573 23,426 306,703 554,261 145,491 38,811 314,651 65,809 72,977 262,552 555,326 93,250 287,919 121,964 53,803 41,700 (D) (D) 165,955 62,424 (D) (D) 6,314 5,545 769 63,917 17,971 (D) 10,927 (D) 1,279,149 54,379 76,228 34,035 28,047 835,415 18,774 165,803 50,890 15,578 51,540 (5) 73,152 15,828 46,464 -1,528 3,093 1,406 16,233 -6,513 5,624 1,254 9,419 -3,087 2,636 12,839 7,361 -2,272 6,460 4,206 2,431 3,097 -547 -775 2,254 1,635 412 206 223 230 -7 -7,981 -2,684 -1,766 -3,045 -486 14,324 2,873 -3,009 -3,591 -109 16,939 560 643 562 -543 -2,166 (6) 1,058,294 112,708 652,506 12,260 7,137 7,352 90,825 114,270 58,302 11,561 63,121 14,632 21,276 82,503 150,077 19,190 51,603 25,088 11,288 9,442 2,132 2,227 26,514 9,624 10,807 6,083 1,970 1,686 283 8,757 3,182 693 2,231 2,650 220,660 15,855 14,454 3,841 8,518 152,049 4,695 14,497 3,197 3,554 10,091 (7) 666,646 67,963 412,185 5,961 4,725 4,407 54,263 74,675 40,472 6,852 41,419 10,208 14,313 54,455 91,773 8,663 37,562 15,279 6,857 5,969 871 1,581 22,283 8,946 9,416 3,921 1,014 785 230 6,571 2,892 943 1,763 973 129,556 9,564 8,824 3,245 7,060 85,364 2,719 8,380 1,731 2,667 11,795 (8) 7,858.1 844.6 4,910.3 74.6 46.0 35.6 740.1 885.1 336.5 98.7 569.3 93.1 217.3 487.0 1,217.6 109.5 440.4 210.4 97.1 88.9 4.7 19.6 230.0 61.9 133.1 35.1 9.8 7.0 2.8 67.5 28.1 8.2 17.1 14.2 1,444.2 96.6 119.8 38.9 72.2 931.9 39.1 83.8 20.0 41.9 141.3 (9) 346,581 13,353 200,842 4,007 1,291 1,717 24,458 47,505 10,840 2,359 38,591 1,086 7,605 15,107 42,002 4,275 31,485 8,220 5,775 1,382 (D) (D) 23,264 (D) 6,999 (D) 389 389 0 4,404 868 1,918 1,212 405 94,877 2,926 5,505 1,533 1,653 75,310 257 4,771 1,545 1,377 1,230 (10) 646,526 20,331 304,847 6,523 12,149 2,683 29,422 83,887 9,337 5,672 54,501 1,065 10,653 19,713 50,501 18,742 21,978 13,780 3,561 5,205 (D) (D) 8,198 (D) 3,359 (D) 877 877 0 10,937 4,171 (D) (D) 203 283,819 3,054 8,584 11,479 4,929 172,401 570 70,448 9,449 2,904 3,737 (11) 71,416 1,516 47,949 365 510 (D) 4,385 12,705 4,572 299 5,031 208 805 10,193 6,446 (D) 2,127 132 (D) 55 0 (D) 1,995 (D) 1,166 (D) 36 (D) (D) 1,573 798 (D) (D) 43 17,368 233 1,727 683 254 12,016 318 1,833 179 124 848 5,027,145 980,221 100,774 1,654,522 29,215 412,427 263,187 3,181.2 141,652 231,554 31,093 (D) Suppressed to avoid disclosure of data of individual companies. 1. Data for the European Union (EU) reflect the EU membership during the reference period. The EU comprises Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden. The United Kingdom was excluded beginning with 2020. U.S. Bureau of Economic Analysis Table 3. Employment of Majority-Owned U.S. Affiliates, State by Industry of Affiliate, 2020 [Thousands of employees] All industries Total New England: Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont Mideast: Delaware District of Columbia Maryland New Jersey New York Pennsylvania Great Lakes: Illinois Indiana Michigan Ohio Wisconsin Plains: Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota Southeast: Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia Southwest: Arizona New Mexico Oklahoma Texas Rocky Mountains: Colorado Idaho Montana Utah Wyoming Far West: Alaska California Hawaii Nevada Oregon Washington Puerto Rico Other U.S. areas Foreign Manufacturing Wholesale trade Retail trade Information Finance and insurance (3) (4) (5) (6) Professional, Real estate scientific, and and rental and technical leasing services 471.9 (9) 2,152.1 0.3 0.1 1.3 0.1 0.3 (*) 6.2 0.6 23.0 1.3 2.9 0.3 28.7 6.2 57.3 8.3 7.6 H 3.7 1.1 4.4 32.0 83.1 13.2 0.2 0.4 3.1 5.6 5.1 2.5 1.5 2.9 3.6 17.9 49.2 29.9 5.8 11.5 29.9 60.8 132.7 83.3 11.1 4.4 9.3 8.7 2.4 26.5 3.3 6.7 7.7 5.3 2.1 0.4 0.5 0.9 0.4 31.1 2.0 16.3 10.5 2.3 100.8 53.8 54.7 68.2 28.4 3.5 5.6 12.5 13.3 2.9 1.5 1.6 1.8 I 12.0 7.4 0.8 0.1 0.1 8.3 2.4 8.8 5.0 2.4 0.5 0.3 0.6 0.1 2.8 1.5 0.4 0.3 (*) 1.4 1.2 10.4 4.0 0.7 0.8 0.2 11.3 J 41.6 43.1 6.7 5.1 3.3 9.7 1.8 23.9 32.2 6.7 4.2 10.7 21.3 19.7 28.5 17.8 1.0 12.0 2.1 44.1 22.8 7.3 10.0 3.4 61.7 18.0 14.7 43.9 6.2 1.5 0.9 18.2 13.8 2.0 0.8 0.2 6.8 2.4 4.3 12.3 0.3 6.7 0.4 20.8 8.0 1.0 0.8 0.6 8.2 4.9 6.1 3.1 0.2 0.4 0.1 15.6 4.9 0.3 0.4 0.1 1.2 1.8 0.7 1.2 0.1 3.1 1.0 16.3 15.8 2.2 2.6 0.5 10.3 3.2 3.8 12.4 0.6 17.2 12.4 142.2 79.5 33.0 37.3 14.1 56.1 26.9 53.3 54.7 6.6 29.1 3.1 25.2 204.4 11.1 1.1 3.7 63.2 20.7 3.1 7.1 60.0 4.0 G 1.9 28.8 8.7 0.5 0.8 24.0 0.8 0.1 0.2 5.5 4.5 0.2 3.0 72.8 54.5 I 19.5 211.2 122.0 19.3 9.5 54.1 I 37.5 8.2 1.5 18.9 2.3 8.8 1.3 0.9 7.4 0.1 12.1 1.6 1.3 4.6 0.9 10.6 1.3 0.2 4.1 0.1 9.1 0.4 0.3 2.2 0.2 1.6 0.1 0.1 0.3 (*) 8.9 0.5 0.9 3.1 0.2 33.3 5.9 4.3 13.4 H 13.7 828.6 41.9 57.7 70.9 142.1 22.4 28.7 8.0 4.7 228.2 3.2 11.7 18.7 32.9 10.4 8.2 2.7 0.5 102.9 3.5 2.9 11.9 13.6 0.5 I 0.6 2.4 90.2 6.7 7.3 6.2 13.8 1.0 0.1 0.1 (*) 51.7 0.5 2.0 4.3 14.3 G 1.3 0.1 (*) 38.1 0.9 2.1 3.6 3.6 1.2 0.2 0.3 0.1 9.1 1.6 1.4 0.3 1.7 (*) (*) 0.6 0.2 65.6 0.4 1.7 3.9 13.1 0.1 0.5 0.3 5.7 242.8 25.0 28.6 22.0 49.1 I J 3.3 (1) 7,858.1 (2) 2,821.8 113.2 38.1 227.6 50.2 31.2 15.2 35.7 9.9 66.1 23.1 8.5 5.9 8.4 1.2 14.5 3.5 1.7 A 22.6 14.7 33.3 10.8 7.6 4.1 2.5 1.2 8.9 0.7 1.1 0.2 8.8 4.0 23.2 2.4 1.5 0.4 24.9 22.4 111.4 288.3 513.0 331.5 7.0 0.8 28.4 105.8 92.3 113.9 1.2 0.9 6.6 30.4 37.8 19.0 4.0 3.2 30.6 27.7 72.5 61.9 1.6 1.7 4.9 8.1 40.2 7.7 375.3 204.1 318.4 303.3 131.8 138.5 114.5 203.6 156.2 76.1 27.8 11.7 15.6 17.3 9.5 37.4 14.1 11.7 33.8 7.5 63.9 69.6 159.7 144.2 36.7 15.9 14.6 34.9 26.2 60.5 64.0 20.0 6.1 8.4 2.1 12.2 11.0 5.8 2.7 1.6 0.6 116.9 48.4 353.8 276.9 140.0 76.1 46.2 293.3 162.7 204.6 197.4 28.0 66.4 29.7 72.7 100.0 87.5 20.1 16.6 127.6 85.7 93.3 52.0 13.0 133.5 18.3 61.3 669.9 662.0 923.5 335.5 412.0 (7) 79.3 (8) Other industries (*) A nonzero value that rounds to zero Note. Size ranges are given in employment cells that are suppressed. The size ranges are: A—1 to 499; F—500 to 999; G—1,000 to 2,499; H—2,500 to 4,999; I—5,000 to 9,999; J—10,000 to 24,999; K—25,000 to 49,999; L—50,000 to 99,999; M—100,000 or more. U.S. Bureau of Economic Analysis Table 4. Employment of Majority-Owned U.S. Affiliates, State by Country of Ultimate Beneficial Owner, 2020 [Thousands of employees] All countries Total New England: Connecticut Maine Massachusetts New Hampshire Rhode Island Vermont Mideast: Delaware District of Columbia Maryland New Jersey New York Pennsylvania Great Lakes: Illinois Indiana Michigan Ohio Wisconsin Plains: Iowa Kansas Minnesota Missouri Nebraska North Dakota South Dakota Southeast: Alabama Arkansas Florida Georgia Kentucky Louisiana Mississippi North Carolina South Carolina Tennessee Virginia West Virginia Southwest: Arizona New Mexico Oklahoma Texas Rocky Mountains: Colorado Idaho Montana Utah Wyoming Far West: Alaska California Hawaii Nevada Oregon Washington Puerto Rico Other U.S. areas Foreign Canada Europe Of which: (1) 7,858.1 (2) 844.6 (3) 4,910.3 (4) 740.1 (5) 885.1 (6) 569.3 (7) 487.0 United Kingdom (8) 1,217.6 113.2 38.1 227.6 50.2 31.2 15.2 6.7 9.6 21.9 6.2 2.9 1.7 88.5 24.5 165.2 35.7 24.9 10.2 6.8 1.2 25.9 4.1 4.6 2.0 13.9 1.7 18.6 3.7 1.5 0.8 18.2 J 32.8 I H H 7.1 2.5 14.4 3.9 0.3 0.8 24.9 22.4 111.4 288.3 513.0 331.5 1.9 1.9 11.3 26.6 52.1 28.1 19.7 17.7 89.1 199.1 361.2 245.1 1.6 1.9 9.0 41.4 54.5 29.2 3.3 2.0 10.1 33.6 49.7 42.2 H 1.5 25.3 17.2 37.4 49.7 375.3 204.1 318.4 303.3 131.8 38.5 16.0 31.3 28.6 17.9 227.7 117.6 205.4 168.9 85.9 32.6 30.5 29.8 24.5 10.7 46.9 19.1 52.1 35.5 14.6 63.9 69.6 159.7 144.2 36.7 15.9 14.6 3.7 8.0 30.3 15.9 2.7 3.3 3.4 35.6 41.8 97.7 94.8 18.2 5.5 5.7 4.2 3.7 8.7 11.6 4.2 F 1.9 116.9 48.4 353.8 276.9 140.0 76.1 46.2 293.3 162.7 204.6 197.4 28.0 15.4 4.7 54.0 32.4 11.3 13.6 5.1 22.5 18.4 15.1 16.3 5.1 57.3 29.6 224.2 160.3 61.1 46.5 22.8 203.3 111.8 116.2 149.1 14.2 133.5 18.3 61.3 669.9 21.7 3.3 6.9 60.8 122.0 19.3 9.5 54.1 I 13.7 828.6 41.9 57.7 70.9 142.1 22.4 28.7 8.0 Total France Germany Netherlands Switzerland Other Total Asia and Pacific Of which: Japan Other Other (9) 1,011.3 (10) 1,444.2 (11) 931.9 (12) 512.4 (13) 659.0 22.2 2.4 43.7 12.9 5.4 G 20.3 H 29.7 H I 2.3 11.7 1.7 33.2 5.8 3.0 F 7.2 1.0 24.2 4.9 2.1 0.5 4.5 0.6 9.0 0.9 0.9 A 6.3 2.3 7.3 2.4 0.3 H 1.3 1.7 6.2 32.5 36.6 20.5 8.9 8.0 25.9 36.2 107.6 55.8 G 2.7 12.7 38.3 75.3 47.7 2.2 1.5 7.8 43.1 68.4 36.5 1.3 0.7 4.9 24.1 41.4 27.0 0.9 0.8 2.9 19.0 27.0 9.4 1.2 1.3 3.2 19.5 31.3 21.8 15.0 12.2 K 11.4 5.1 25.3 10.7 12.4 20.1 9.9 60.1 27.7 37.4 40.3 22.9 47.9 17.4 K 37.1 22.8 85.7 62.6 67.0 82.8 21.1 57.7 55.2 34.9 67.0 8.5 28.0 7.4 32.1 15.7 12.5 23.4 7.8 14.6 23.0 6.9 7.4 10.2 22.6 23.2 3.1 0.7 1.2 5.5 2.6 6.2 6.6 0.9 0.9 0.1 3.7 7.4 8.7 14.6 1.9 0.3 0.5 7.9 8.7 19.5 19.2 4.6 2.0 1.6 6.8 9.2 32.1 19.5 3.4 F 0.4 8.9 9.2 20.1 21.3 6.7 5.1 1.2 5.2 5.8 10.8 15.9 5.8 0.9 0.4 3.7 3.5 9.2 5.4 0.9 4.3 0.8 15.7 10.6 11.6 12.2 9.1 1.9 4.3 9.0 5.8 32.7 24.5 10.5 9.9 6.8 14.8 22.8 23.6 18.1 3.5 16.5 3.0 34.0 33.9 16.2 6.8 3.8 41.8 37.6 20.7 23.6 1.9 2.8 1.4 14.8 22.8 2.1 4.2 1.0 K 13.1 10.2 K G 1.8 4.8 29.4 15.5 6.5 4.4 2.5 20.4 5.5 8.9 9.3 1.5 11.9 8.1 66.9 33.0 9.2 15.8 5.5 39.2 12.7 24.8 36.8 1.8 15.4 6.4 46.5 30.5 16.5 5.5 3.3 K 20.2 28.1 K H 34.6 7.4 37.3 58.9 59.1 7.2 15.1 44.6 25.9 59.1 20.2 4.9 21.0 5.0 19.4 36.1 43.8 3.3 9.0 27.4 17.6 47.3 13.1 3.6 13.6 2.4 17.9 22.9 15.3 3.9 6.1 17.1 8.3 11.8 7.1 1.2 9.6 6.7 38.2 25.3 8.5 8.8 3.1 22.9 6.6 14.2 11.9 3.8 72.8 12.0 38.9 393.1 10.4 1.6 8.5 60.4 11.0 3.1 4.5 61.1 7.3 0.4 1.3 31.3 7.8 1.1 3.9 30.9 21.1 3.5 9.7 114.0 15.3 2.3 11.0 95.5 18.5 2.0 8.4 124.2 12.0 1.3 6.4 74.3 6.5 0.7 2.0 49.9 20.5 0.9 7.2 91.8 20.7 3.9 1.2 4.5 0.7 71.3 12.9 5.6 35.1 4.5 9.2 2.7 1.2 5.5 0.9 8.7 2.8 0.3 6.4 0.1 4.5 1.0 0.2 2.2 (*) 7.7 0.6 A 4.0 0.3 18.7 2.6 2.6 10.4 1.7 22.6 3.3 G 6.6 1.5 14.9 1.9 0.9 4.8 1.2 9.2 1.1 0.4 3.0 0.3 5.6 0.8 0.5 1.8 0.9 15.1 0.6 1.8 9.6 G 5.6 75.9 1.3 10.0 6.0 28.4 0.8 3.2 5.4 4.4 473.8 12.8 31.5 47.9 80.6 15.2 13.5 G 0.8 76.0 3.7 9.0 5.0 10.4 0.9 I (*) 0.2 89.6 1.8 4.2 11.0 19.4 2.8 0.2 0.5 0.1 28.0 0.2 1.6 2.5 5.7 0.1 0.3 0.0 0.3 59.7 0.3 1.8 6.0 6.3 1.3 G (*) 2.3 127.6 2.2 8.9 16.0 22.4 2.0 3.2 G 0.7 93.0 4.6 6.1 7.4 16.5 8.0 1.9 A 2.5 199.9 24.4 10.0 12.9 26.7 0.6 I F 2.4 110.3 21.5 6.9 9.6 14.7 0.2 3.7 0.2 0.2 89.6 2.9 3.1 3.3 12.0 0.4 H A 1.1 79.1 3.4 6.2 4.1 6.5 5.8 H A (*) A nonzero value that rounds to zero Note. Size ranges are given in employment cells that are suppressed. The size ranges are: A—1 to 499; F—500 to 999; G—1,000 to 2,499; H—2,500 to 4,999; I—5,000 to 9,999; J—10,000 to 24,999; K—25,000 to 49,999; L—50,000 to 99,999; M—100,000 or more. U.S. Bureau of Economic Analysis