The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
EMBARGOED UNTIL RELEASE AT 08:30 A.M. EDT, THURSDAY, JULY 1, 2021 Technical: Media: Amanda Budny Ryan Smith Jeannine Aversa (301) 278-9154 (301) 278-9246 (301) 278-9003 BEA 21-33 Amanda.Budny@bea.gov Ryan.Smith@bea.gov Jeannine.Aversa@bea.gov New Foreign Direct Investment in the United States, 2020 Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $120.7 billion (preliminary) in 2020. Expenditures were down 45.4 percent from $221.2 billion (revised) in 2019 and below the annual average of $314.4 billion for 2014-2019. As in previous years, acquisitions of existing businesses accounted for a large majority of total expenditures. New Foreign Direct Investment Expenditures by Type, 1998-2020 Billions $ 500 450 400 350 300 250 Expansions* 200 Establishments 150 Acquisitions 100 50 0 *Expansions included 2014 to present NOTE–Survey not conducted 2009–2013. U.S. Bureau of Economic Analysis In 2020, expenditures for acquisitions were $116.3 billion, expenditures to establish new U.S. businesses were $1.9 billion, and expenditures to expand existing foreign-owned businesses were $2.4 billion. Planned total expenditures, which include both first-year and planned future expenditures, were $135.8 billion. Expenditures by industry, country, and state in 2020 By industry, expenditures for new direct investment were largest in manufacturing, at $63.3 billion, accounting for 52.4 percent of total expenditures. Within manufacturing, expenditures were largest in chemical manufacturing ($26.9 billion) and computers and electronic products ($14.8 billion). There were also notable expenditures in information ($17.4 billion), primarily telecommunications. By country of ultimate beneficial owner (UBO), the largest investing country was Germany, with expenditures of $20.5 billion. Canada ($15.2 billion) was the second largest country, followed by Switzerland ($13.8 billion). By region, Europe contributed two-thirds of new investment in 2020. By U.S. state, Texas received the largest investment, with expenditures of $18.6 billion, followed by California ($17.8 billion) and New Jersey ($14.1 billion). Greenfield expenditures Greenfield investment expenditures—expenditures to either establish a new U.S. business or to expand an existing foreign-owned U.S. business—were $4.4 billion in 2020. Total planned expenditures until completion for greenfield investment initiated in 2020, which include both first-year and future expenditures, were $19.5 billion. By U.S. industry, greenfield expenditures in 2020 were largest in manufacturing ($1.3 billion) and utilities ($1.1 billion). By region of UBO, Europe ($2.2 billion) and Asia and Pacific ($1.7 billion) had the largest expenditures. By U.S. state, Texas received the highest level of greenfield investment ($1.0 billion). Employment by newly acquired, established, or expanded foreign-owned businesses In 2020, employment at newly acquired, established, or expanded foreign-owned businesses in the United States was 197,500 employees. Current employment of acquired enterprises was 194,000. Total planned employment, which includes the current employment of acquired enterprises, the planned employment of newly established business enterprises when fully operational, and the planned employment associated with expansions, was 206,500. By industry, retail trade accounted for the largest number of employees (between 50,000 and 100,000)1 followed by manufacturing (30,900), primarily chemical manufacturing. By country of UBO, Canada accounted for the largest number of employees (112,400), followed by the United Kingdom (10,100) and the United Kingdom Islands in the Caribbean, which include the British Virgin Islands and Cayman Islands (7,400). Size ranges are provided for employment values that are suppressed to ensure the confidentiality of survey responses. 1 –2– By U.S. state, Texas had the largest employment (between 50,000 and 100,000), followed by California (21,000) and Arizona (9,300). Employment for an acquired entity that operated in multiple states is attributed to the state in which it had the greatest number of employees. Updates to 2019 Expenditures for New Foreign Direct Investment in the United States Billions of dollars Previously published estimate Revised estimate First-year expenditures U.S. businesses acquired U.S. businesses established U.S. businesses expanded 194.7 190.7 2.5 1.5 221.2 215.8 2.7 2.6 Planned total expenditures U.S. businesses acquired U.S. businesses established U.S. businesses expanded 203.6 190.7 7.5 5.4 233.5 215.8 8.6 9.1 Next release: July 2022 New Foreign Direct Investment in the United States, 2021 –3– Additional Information Resources • • • • • • • • • that is not owned more than 50 percent by another person or entity. Additional data on the expenditures and activities of the newly acquired, established, or expanded U.S. businesses are available on BEA’s website. Stay informed about BEA developments by reading the BEA blog, 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 (API). BEA’s news release schedule. For more information about the survey and statistics see: New Foreign Direct Investment in the United States in 2019, Survey of Current Business 100 (August 2020). Additional information on new foreign direct investment in the United States in 2020 will be published next month in BEA’s monthly online journal, the Survey of Current Business. More information on foreign direct investment statistics is provided in U.S. International Economic Accounts: Concepts and Methods. See this FAQ for a comparison of BEA’s new investment statistics and its other statistics on foreign direct investment in the United States. An acquisition occurs when a foreign entity acquires a voting interest (directly, or indirectly through an existing U.S. affiliate) of at least 10 percent in a U.S. enterprise. Acquisitions of additional voting interest in existing U.S. affiliates in which a foreign entity already has a 10 percent voting interest are excluded. An establishment occurs when a foreign entity, or an existing U.S. affiliate of a foreign entity, establishes a new legal entity in the United States in which the foreign entity owns 10 percent or more of the new business enterprise’s voting interest. An expansion occurs when an existing U.S. affiliate of a foreign parent expands its operations to include a new facility where business is conducted. Greenfield investment includes establishments and expansions. Statistical Conventions The statistics of new investments by foreign direct investors are based on data reported in the Survey of New Foreign Direct Investment in the United States (BE-13) conducted by BEA. The statistics include transactions resulting from corporate inversions. A corporate inversion occurs when a U.S. corporation that is currently the ultimate owner of its worldwide operations takes steps to become a subsidiary of a foreign corporation. BEA’s direct investment surveys do not collect information on whether a U.S. corporation became foreign owned as a result of a corporate inversion. Using publicly available information, such as commercial databases and press reports, BEA estimates that newly inverted U.S. corporations accounted for a significant share of firstyear expenditures in 2015, but not in subsequent years. For more information on how corporate inversions affect the new investment statistics see “New Foreign Direct investment in the United States in 2016” in the Survey. Definitions Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise resident in another economy. Ownership or control of 10 percent or more of the voting securities of an entity in another economy is the threshold for separating direct investment from other types of investment. A U.S. affiliate is a U.S. business enterprise that is at least 10 percent owned by a single foreign person or entity. Related Statistics A foreign parent is the first person or entity outside the United States in a U.S. affiliate’s ownership chain that has a direct investment interest in the affiliate. Statistics on new foreign direct investment 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. The ultimate beneficial owner (UBO) is that person or entity, proceeding up a U.S. affiliate’s ownership chain –4– Statistics on direct investment and multinational enterprises (MNEs) include annual statistics on the activities of U.S. MNEs and U.S. affiliates of foreign MNEs as well as detailed annual and quarterly statistics on direct investment. 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. 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. 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. List of News Release Tables Table 1.1 and 1.2. First-Year Expenditures and Planned Total Expenditures, Industry of Affiliate by Type of Investment Table 2.1 and 2.2. First-Year Expenditures and Planned Total Expenditures, Country of UBO by Type of Investment Table 3.1 and 3.2. First-Year Expenditures and Planned Total Expenditures, U.S. State by Type of Investment Table 4.1 and 4.2. Current and Planned Employment of U.S. Businesses Acquired, Established, and Expanded, Industry of Affiliate by Type of Investment Table 5.1 and 5.2. Current and Planned Employment of U.S. Businesses Acquired, Established, and Expanded, Country of UBO by Type of Investment Table 6.1 and 6.2. Current and Planned Employment of U.S. Businesses Acquired, Established, and Expanded, U.S. State by Type of Investment –5– Table 1.1 First-Year Expenditures and Planned Total Expenditures for Investments Initiated in 2019, Industry of Affiliate by Type of Investment [Millions of dollars] First-year expenditures 1 By type of investment U.S. businesses acquired (2) Total (1) All industries Planned total expenditures (first-year and planned future) 2 By type of investment Greenfield investment U.S. U.S. businesses businesses established expanded (3) (4) U.S. businesses acquired (6) Total (5) Greenfield investment U.S. U.S. businesses businesses established expanded (7) (8) 221,215 215,847 2,728 2,640 233,547 215,847 8,618 9,082 81,463 79,332 811 1,320 89,022 79,332 5,476 4,214 7,726 7,201 31 494 8,189 7,201 (D) (D) Beverages and tobacco products (D) (D) (D) (D) (D) (D) (D) (D) Paper (D) (D) 0 (D) (D) (D) 0 (D) Manufacturing Food 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 (D) (D) 0 0 (D) (D) 0 0 41,201 40,506 (D) (D) (D) 40,506 (D) (D) 1,963 (D) 3 (D) 2,345 (D) 3 (D) 29,530 29,497 6 27 (D) 29,497 (D) (D) 9,707 (D) (D) 170 (D) (D) (D) (D) 8,088 (D) 6 (D) 8,156 (D) (D) (D) (D) 259 (D) (D) 0 634 (D) 490 1,401 1,363 (D) (D) 1,545 1,363 163 19 1,118 (D) (D) (D) (D) (D) (D) (D) 283 (D) (D) 7 (D) (D) (D) (D) Machinery 4,815 4,798 (D) (D) (D) 4,798 (D) (D) Computers and electronic products 8,247 8,167 44 35 (D) 8,167 44 (D) Semiconductors and other electronic components (D) (D) (D) (D) (D) (D) (D) (D) Navigational, measuring, and other instruments (D) (D) (D) (D) (D) (D) (D) (D) Other 94 (D) (D) 0 94 (D) (D) 0 Electrical equipment, appliances, and components 1,098 (D) (D) 0 (D) (D) (D) 0 Transportation equipment 2,809 2,369 189 252 4,223 2,369 (D) (D) (D) Motor vehicles, bodies and trailers, and parts Other Other Wholesale trade 984 (D) (D) 244 (D) (D) (D) 1,825 (D) (D) 8 (D) (D) (D) (D) 4,779 4,631 73 75 (D) 4,631 (D) (D) 4 5,702 5,614 86 2 (D) 5,614 (D) Motor vehicles and motor vehicle parts and supplies (D) (D) (*) 0 (D) (D) (*) 0 Electrical goods 10 (D) (D) 0 10 (D) (D) 0 Petroleum and petroleum products 119 119 0 0 119 119 0 0 Other (D) (D) (D) 2 (D) (D) (D) 4 6,403 6,375 (D) (D) (D) 6,375 (D) (D) Food and beverage stores (D) (D) 0 (D) (D) (D) 0 (D) Other (D) (D) (D) (D) (D) (D) (D) (D) 20,603 20,491 101 11 (D) 20,491 (D) (D) Publishing industries 15,068 15,019 (D) (D) (D) 15,019 (D) (D) Telecommunications 905 901 4 0 905 901 4 0 4,631 4,572 (D) (D) (D) 4,572 (D) (D) 14,210 14,015 167 29 (D) 14,015 (D) 29 29 (D) 5 (D) 29 (D) 5 (D) Finance, except depository institutions 12,257 (D) (D) 0 (D) (D) (D) 0 Insurance carriers and related activities 1,924 (D) (D) (D) 1,924 (D) (D) (D) 7,185 6,113 640 432 9,383 6,113 (D) (D) 7,021 (D) (D) (D) 9,218 (D) (D) 1,822 Retail trade Information Other Finance and insurance Depository credit intermediation (banking) Real estate and rental and leasing Real estate Rental and leasing (except real estate) 165 (D) (D) (D) 165 (D) (D) (D) 28,845 28,631 185 30 28,904 28,631 (D) (D) Architectural, engineering, and related services (D) (D) 3 0 (D) (D) 3 0 Computer systems design and related services (D) (D) (D) (D) (D) (D) (D) (D) 5,785 5,755 30 0 5,785 5,755 30 0 (D) (D) (D) (D) (D) (D) (D) (D) (D) Professional, scientific, and technical services Management, scientific, and technical consulting Other Other industries 56,803 55,277 (D) (D) (D) 55,277 (D) Mining 14,287 14,001 286 0 (D) 14,001 (D) 0 Utilities 9,640 8,805 167 669 11,664 8,805 462 2,396 Construction 4,903 4,884 19 0 4,903 4,884 19 0 19,870 19,753 (D) (D) (D) 19,753 (D) (D) Administration, support, and waste management 1,762 1,714 48 0 1,762 1,714 48 0 Health care and social assistance 1,882 1,853 (D) (D) (D) 1,853 (D) (D) Accommodation and food services 1,192 1,187 5 0 1,193 1,187 6 0 Other 3,268 3,081 148 39 (D) 3,081 (D) (D) Transportation and warehousing * A nonzero value that rounds to zero. D Suppressed to avoid disclosure of data on individual companies. 1. First-year expenditures include expenditures in the year in which the transaction occurred. 2. Planned total expenditures include first-year expenditures for all investments plus planned future expenditures until completion (and expenditures from past years, if any) for establishments and expansions that are multiyear investments. For acquired U.S. businesses, first-year expenditures and planned total expenditures are the same. Source: U.S. Bureau of Economic Analysis –6– Table 1.2 First-Year Expenditures and Planned Total Expenditures for Investments Initiated in 2020, Industry of Affiliate by Type of Investment [Millions of dollars] First-year expenditures 1 By type of investment All industries Greenfield investment U.S. U.S. businesses businesses established expanded (3) (4) U.S. businesses acquired (2) Total (1) Planned total expenditures (first-year and planned future) 2 By type of investment Greenfield investment U.S. U.S. businesses businesses established expanded (7) (8) U.S. businesses acquired (6) Total (5) 120,674 116,312 1,941 2,421 135,820 116,312 13,398 6,110 63,252 61,996 451 806 (D) 61,996 (D) (D) Food 1,175 (D) (D) (D) (D) (D) (D) (D) Beverages and tobacco products 1,380 (D) (D) 0 (D) (D) (D) 0 (D) (D) 1 0 (D) (D) 1 0 Manufacturing Paper Petroleum and coal products Chemicals Basic chemicals Pharmaceuticals and medicines Other (D) (D) (*) 0 (D) (D) (*) 0 26,945 (D) (D) 18 (D) (D) (D) (D) (D) (D) 0 (D) (D) (D) 0 (D) 22,735 22,728 (D) (D) (D) 22,728 (D) (D) 0 (D) (D) (D) 0 (D) (D) (D) Plastics and rubber products (D) (D) (*) 0 (D) (D) (*) 0 Nonmetallic mineral products (D) (D) 1 0 (D) (D) 1 0 Primary and fabricated metals (D) (D) 1 (D) 4,461 (D) 1 (D) Primary metals (D) (D) (*) (D) 4,396 (D) (*) (D) Fabricated metal products 65 64 1 0 65 64 1 0 962 928 (D) (D) (D) 928 (D) (D) 14,791 (D) (D) 0 (D) (D) (D) 0 12,684 (D) (D) 0 (D) (D) (D) 0 (D) 1,179 (D) 0 (D) 1,179 (D) 0 0 Machinery Computers and electronic products Semiconductors and other electronic components Navigational, measuring, and other instruments Other (D) (D) 4 0 (D) (D) 4 Electrical equipment, appliances, and components 912 (D) (D) 0 (D) (D) (D) 0 Transportation equipment (D) (D) 38 72 (D) (D) 41 (D) Motor vehicles, bodies and trailers, and parts (D) (D) 32 (D) (D) (D) 35 (D) Other (D) (D) 7 (D) (D) (D) 7 (D) 2,576 2,535 (D) (D) (D) 2,535 (D) (D) 4,696 4,636 61 0 (D) 4,636 (D) 0 0 0 0 0 0 0 0 0 Electrical goods (D) (D) 1 0 (D) (D) 1 0 Petroleum and petroleum products (D) (D) (*) 0 (D) (D) (*) 0 2,873 2,814 60 0 (D) 2,814 (D) 0 2,090 1,631 54 405 2,090 1,631 54 405 405 0 (*) 405 405 0 (*) 405 1,685 1,631 54 0 1,685 1,631 54 0 17,440 17,323 106 11 17,440 17,323 106 11 Other Wholesale trade Motor vehicles and motor vehicle parts and supplies Other Retail trade Food and beverage stores Other Information Publishing industries 1,893 1,824 60 9 1,893 1,824 60 9 Telecommunications 12,584 12,578 6 0 12,584 12,578 6 0 2,962 2,921 40 2 2,962 2,921 40 2 3,404 3,368 (D) (D) (D) 3,368 (D) (D) Other Finance and insurance Depository credit intermediation (banking) 27 (D) (D) 1 27 (D) (D) 1 Finance, except depository institutions 1,451 (D) 28 (D) (D) (D) 28 (D) Insurance carriers and related activities 1,925 (D) 0 (D) 1,925 (D) 0 (D) 3,364 2,502 (D) (D) 5,190 2,502 (D) (D) 3,350 (D) (D) (D) 5,176 (D) (D) (D) 14 (D) (D) 0 14 (D) (D) 0 12,868 12,692 169 7 12,871 12,692 (D) (D) (D) Real estate and rental and leasing Real estate Rental and leasing (except real estate) Professional, scientific, and technical services Architectural, engineering, and related services (D) (D) (D) (D) (D) (D) (D) Computer systems design and related services 4,585 4,543 42 0 (D) 4,543 (D) 0 516 493 (D) (D) (D) 493 (D) (D) Management, scientific, and technical consulting Other Other industries (D) (D) (D) (D) (D) (D) (D) (D) 13,560 12,164 (D) (D) 14,735 12,164 (D) (D) Mining 3,488 (D) (D) 0 (D) (D) (D) 0 Utilities 3,040 1,919 147 974 4,060 1,919 (D) (D) Construction 111 48 63 (*) 111 48 63 (*) Transportation and warehousing 1,223 1,205 18 0 1,223 1,205 18 0 Administration, support, and waste management 3,037 3,009 28 0 (D) 3,009 (D) 0 Health care and social assistance (D) (D) 3 0 (D) (D) 3 0 Accommodation and food services 59 (D) (D) 0 59 (D) (D) 0 Other (D) (D) (D) (D) (D) (D) 137 (D) * A nonzero value that rounds to zero. D Suppressed to avoid disclosure of data on individual companies. 1. First-year expenditures include expenditures in the year in which the transaction occurred. 2. Planned total expenditures include first-year expenditures for all investments plus planned future expenditures until completion (and expenditures from past years, if any) for establishments and expansions that are multiyear investments. For acquired U.S. businesses, first-year expenditures and planned total expenditures are the same. Source: U.S. Bureau of Economic Analysis –7– Table 2.1 First-Year Expenditures and Planned Total Expenditures for Investments Initiated in 2019, Country of UBO 1 by Type of Investment [Millions of dollars] First-year expenditures 2 Planned total expenditures (first-year and planned future) 3 By type of investment U.S. businesses acquired (2) Total (1) All countries By type of investment Greenfield investment U.S. U.S. businesses businesses established expanded (3) (4) Greenfield investment U.S. U.S. businesses businesses established expanded (7) (8) U.S. businesses acquired (6) Total (5) 221,215 215,847 2,728 2,640 233,547 215,847 8,618 9,082 Canada 45,411 43,916 461 1,034 47,102 43,916 (D) (D) Europe 113,137 111,526 533 1,079 116,770 111,526 915 4,330 (D) (D) (D) 1 (D) (D) (D) 1 2,617 2,592 21 4 2,617 2,592 21 4 Belgium Denmark Finland 131 129 2 0 131 129 2 0 France 15,345 14,950 6 389 16,935 14,950 6 1,979 Germany 23,369 23,021 108 240 24,139 23,021 173 945 Ireland 5,523 5,354 8 161 (D) 5,354 8 (D) Italy 1,548 (D) (D) (D) 1,771 (D) (D) (D) Netherlands 1,255 1,221 (D) (D) (D) 1,221 (D) (D) Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America (D) (D) 11 1 589 (D) (D) 1 4,750 4,656 (D) (D) (D) 4,656 (D) (D) 7,625 7,488 (D) (D) (D) 7,488 (D) (D) 43,928 43,724 105 99 44,275 43,724 (D) (D) (D) 5,586 (D) (D) (D) 5,586 (D) (D) 25,189 25,083 (D) (D) (D) 25,083 (D) (D) 1,207 1,132 (D) (D) (D) 1,132 (D) (D) Brazil 203 (D) (D) 0 (D) (D) (D) 0 Mexico (D) (D) 29 0 (D) (D) 29 0 0 0 0 0 0 0 0 0 (D) (D) (D) (D) (D) (D) (D) (D) 23,982 23,951 (D) (D) (D) 23,951 (D) (D) (D) (D) 1 0 (D) (D) 1 0 (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) 0 (D) (D) (D) 0 110 92 19 0 110 92 19 0 7 (*) 7 0 7 (*) 7 0 103 91 12 0 103 91 12 0 Venezuela Other Other Western Hemisphere Bermuda United Kingdom Islands, Caribbean 4 Other Africa South Africa Other Middle East 3,193 (D) (D) 0 (D) (D) (D) 0 Israel 425 (D) (D) 0 425 (D) (D) 0 Saudi Arabia (D) (D) (D) 0 (D) (D) (D) 0 United Arab Emirates 123 (D) (D) 0 123 (D) (D) 0 Other (D) 2,468 (D) 0 (D) 2,468 (D) 0 33,918 32,063 1,354 500 37,250 32,063 (D) (D) 4,958 4,908 48 2 4,959 4,908 49 2 China 652 616 36 0 661 616 45 0 Hong Kong 313 293 20 0 (D) 293 (D) 0 India 2,050 2,024 23 3 (D) 2,024 (D) 3 Japan 19,886 18,200 1,200 486 (D) 18,200 (D) (D) Asia and Pacific Australia Singapore South Korea Taiwan Other United States 5 926 922 4 0 926 922 4 0 4,835 177 4,814 171 12 6 9 0 (D) 177 4,814 171 (D) 6 (D) 0 120 115 6 0 120 115 6 0 257 (D) (D) (D) (D) (D) (D) (D) * A nonzero value that rounds to zero. D Suppressed to avoid disclosure of data on individual companies. 1. The Ultimate Beneficial Owner (UBO) is the entity, proceeding up the foreign ownership chain, which is not more than 50 percent owned by another entity. The UBO is the entity that ultimately owns or controls and thus ultimately derives the benefits and assumes the risks from owning or controlling an affiliate. 2. First-year expenditures include expenditures in the year in which the transaction occurred. 3. Planned total expenditures include first-year expenditures for all investments plus planned future expenditures until completion (and expenditures from past years, if any) for establishments and expansions that are multiyear investments. For acquired U.S. businesses, first-year expenditures and planned total expenditures are the same. 4. The "United Kingdom Islands, Caribbean" consists of the British Virgin Islands, the Cayman Islands, Montserrat, and the Turks and Caicos Islands. 5. The United States is the country of ultimate beneficial owner for businesses newly acquired, established, or expanded by foreign investors that are ultimately owned by persons located in the United States. Source: U.S. Bureau of Economic Analysis –8– Table 2.2 First-Year Expenditures and Planned Total Expenditures for Investments Initiated in 2020, Country of UBO 1 by Type of Investment [Millions of dollars] First-year expenditures 2 Planned total expenditures (first-year and planned future) 3 By type of investment U.S. businesses acquired (2) Total (1) All countries By type of investment Greenfield investment U.S. U.S. businesses businesses established expanded (3) (4) Greenfield investment U.S. U.S. businesses businesses established expanded (7) (8) U.S. businesses acquired (6) Total (5) 120,674 116,312 1,941 2,421 135,820 116,312 13,398 6,110 Canada 15,231 15,029 (D) (D) (D) 15,029 (D) (D) Europe 80,042 77,877 507 1,658 81,961 77,877 638 3,445 (D) (D) 1 0 (D) (D) 1 0 3,824 (D) 22 (D) (D) (D) 25 (D) Finland 182 182 (*) 0 182 182 (*) 0 France 10,296 (D) (D) 0 (D) (D) (D) 0 Germany 20,493 20,081 26 386 (D) 20,081 (D) 386 2,828 2,811 (D) (D) (D) 2,811 (D) (D) Italy 773 (D) (D) 0 (D) (D) (D) 0 Netherlands 816 793 21 2 816 793 21 2 (D) Belgium Denmark Ireland Spain Sweden Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America 18 6 (D) (D) (D) 6 (D) 8,355 8,344 10 0 8,355 8,344 10 0 13,819 13,392 (D) (D) (D) 13,392 (D) (D) 8,559 8,195 (D) (D) (D) 8,195 (D) (D) (D) 7,516 (D) (D) (D) 7,516 (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) (D) Brazil 25 (D) (D) 0 25 (D) (D) 0 Mexico (D) (D) (D) (D) (D) (D) (D) (D) Venezuela (D) (D) 0 0 (D) (D) 0 0 Other (D) 4 (D) 0 (D) 4 (D) 0 5,024 5,010 12 3 5,024 5,010 12 3 (D) (D) 1 0 (D) (D) 1 0 2,299 2,290 7 3 2,299 2,290 7 3 (D) (D) 4 0 (D) (D) 4 0 Other Western Hemisphere Bermuda United Kingdom Islands, Caribbean 4 Other Africa (D) (D) 1 0 (D) (D) 1 0 South Africa (*) (*) (*) 0 (*) (*) (*) 0 Other (D) (D) 1 0 (D) (D) 1 0 Middle East (D) (D) 78 0 (D) (D) 78 0 218 191 27 0 218 191 27 0 0 0 0 0 0 0 0 0 United Arab Emirates 51 0 51 0 51 0 51 0 Other (D) (D) (*) 0 (D) (D) (*) 0 15,948 14,219 1,083 646 28,753 14,219 (D) (D) 2,526 2,093 (D) (D) (D) 2,093 (D) (D) China (D) (D) (D) (D) (D) (D) (D) (D) Hong Kong (D) (D) 10 (D) (D) (D) 10 (D) Israel Saudi Arabia Asia and Pacific Australia India Japan (D) (D) 15 2 (D) (D) 15 2 5,921 5,367 459 94 7,307 5,367 642 1,297 Singapore 973 (D) (D) 0 (D) (D) (D) 0 South Korea Taiwan 744 (D) (D) (D) (D) (D) 2 0 (D) (D) (D) (D) (D) (D) 2 0 Other (D) (D) 17 0 (D) (D) 17 0 119 (D) (D) 0 119 (D) (D) 0 United States 5 * A nonzero value that rounds to zero. D Suppressed to avoid disclosure of data on individual companies. 1. The Ultimate Beneficial Owner (UBO) is the entity, proceeding up the foreign ownership chain, which is not more than 50 percent owned by another entity. The UBO is the entity that ultimately owns or controls and thus ultimately derives the benefits and assumes the risks from owning or controlling an affiliate. 2. First-year expenditures include expenditures in the year in which the transaction occurred. 3. Planned total expenditures include first-year expenditures for all investments plus planned future expenditures until completion (and expenditures from past years, if any) for establishments and expansions that are multiyear investments. For acquired U.S. businesses, first-year expenditures and planned total expenditures are the same. 4. The "United Kingdom Islands, Caribbean" consists of the British Virgin Islands, the Cayman Islands, Montserrat, and the Turks and Caicos Islands. 5. The United States is the country of ultimate beneficial owner for businesses newly acquired, established, or expanded by foreign investors that are ultimately owned by persons located in the United States. Source: U.S. Bureau of Economic Analysis –9– Table 3.1 First-Year Expenditures and Planned Total Expenditures for Investments Initiated in 2019, State 1 by Type of Investment [Millions of dollars] First-year expenditures 2 By type of investment Greenfield investment U.S. U.S. U.S. businesses businesses businesses acquired established expanded (2) (3) (4) Total (1) Total Planned total expenditures (first-year and planned future) 3 By type of investment Greenfield investment U.S. U.S. U.S. businesses businesses businesses Total acquired established expanded (5) (6) (7) (8) 221,215 215,847 2,728 2,640 233,547 215,847 8,618 9,082 1,290 1,288 2 0 1,290 1,288 2 0 (D) (D) 7 0 (D) (D) 7 0 13,673 13,601 (D) (D) (D) 13,601 (D) (D) New England: Connecticut Maine Massachusetts New Hampshire 131 (D) (*) (D) (D) (D) (*) (D) Rhode Island 2 (*) 0 2 2 (*) 0 2 Vermont 7 7 0 0 7 7 0 0 (D) Mideast: Delaware 437 24 (D) (D) (D) 24 (D) District of Columbia 213 (D) (D) 0 (D) (D) (D) 0 3,239 3,161 (D) (D) 3,384 3,161 (D) (D) (D) Maryland New Jersey 4,525 4,474 46 5 (D) 4,474 46 New York 22,157 21,590 (D) (D) (D) 21,590 (D) (D) Pennsylvania 21,447 21,381 54 12 21,511 21,381 (D) (D) 3,738 3,564 (D) (D) (D) 3,564 (D) (D) 180 15 (D) (D) (D) 15 (D) (D) Michigan 4,841 4,817 22 2 (D) 4,817 (D) (D) Ohio 2,437 2,293 (D) (D) (D) 2,293 (D) (D) (D) (D) 3 0 (D) (D) (D) 0 Iowa 218 216 2 0 (D) 216 (D) 0 Kansas 429 (D) (D) 0 (D) (D) (D) (D) Minnesota 8,503 (D) (D) (D) (D) (D) (D) (D) Missouri 1,338 (D) 2 (D) (D) (D) 2 (D) Great Lakes: Illinois Indiana Wisconsin Plains: Nebraska (D) (D) 0 0 (D) (D) 0 0 North Dakota 56 (D) (D) 0 56 (D) (D) 0 South Dakota (D) (D) 0 0 (D) (D) 0 0 Alabama 423 (D) (D) (D) 1,073 (D) (D) 521 Arkansas (D) 0 (D) 0 (D) 0 (D) 0 Florida 4,454 4,358 86 10 4,685 4,358 88 238 Georgia 3,678 3,464 (D) (D) (D) 3,464 (D) (D) Kentucky 3,309 3,259 7 44 3,557 3,259 7 292 Louisiana 1,597 (D) 0 (D) 2,156 (D) 0 (D) (D) (D) 0 2 (D) (D) 0 2 4,184 4,123 26 35 4,296 4,123 (D) (D) Southeast: Mississippi North Carolina South Carolina 126 89 25 12 (D) 89 (D) (D) Tennessee 1,287 1,217 31 39 1,779 1,217 345 218 Virginia 1,820 1,732 (D) (D) (D) 1,732 (D) (D) (D) (D) (*) 0 (D) (D) (*) 0 Arizona (D) (D) 26 11 (D) (D) (D) 14 New Mexico (D) (D) 2 (D) (D) (D) 2 (D) West Virginia Southwest: Oklahoma (D) (D) (*) 3 (D) (D) (*) (D) 20,643 19,671 615 357 25,216 19,671 (D) (D) 9,054 8,956 (D) (D) (D) 8,956 (D) (D) 115 111 4 0 115 111 4 0 Montana 22 21 (*) 0 22 21 (*) 0 Utah (D) (D) (*) (D) (D) (D) (*) (D) Wyoming (D) (D) 4 (*) (D) (D) 4 (*) Texas Rocky Mountains: Colorado Idaho Far West: Alaska California 0 0 0 0 0 0 0 0 24,967 24,380 361 226 25,686 24,380 (D) (D) Hawaii 79 47 28 4 82 47 30 4 Nevada (D) (D) 6 (D) 9,385 (D) 6 (D) Oregon Washington Puerto Rico Other U.S. areas 4 671 593 2 77 735 593 (D) (D) 4,528 4,258 (D) (D) (D) 4,258 (D) (D) (D) (D) 0 0 (D) (D) 0 0 (D) (D) 0 0 (D) (D) 0 0 * A nonzero value that rounds to zero. D Suppressed to avoid disclosure of data on individual companies. 1. Statistics are shown for the state in which the newly acquired, established, or expanded U.S. business enterprise is located. If the U.S. business enterprise operates in more than one state; it is the state where the largest number of employees are based; if there are no employees it is the state of incorporation of the U.S. business enterprise. 2. First-year expenditures include expenditures in the year in which the transaction occurred. 3. Planned total expenditures include first-year expenditures for all investments plus planned future expenditures until completion (and expenditures from past years, if any) for establishments and expansions that are multiyear investments. For acquired U.S. businesses, first-year expenditures and planned total expenditures are the same. 4. "Other U.S. areas" consists of the U.S. Virgin Islands, Guam, American Samoa, and all other outlying U.S. areas. Source: U.S. Bureau of Economic Analysis –10– Table 3.2 First-Year Expenditures and Planned Total Expenditures for Investments Initiated in 2020, State 1 by Type of Investment [Millions of dollars] First-year expenditures 2 By type of investment Greenfield investment U.S. U.S. U.S. businesses businesses businesses acquired established expanded (2) (3) (4) Total (1) Total 120,674 116,312 Planned total expenditures (first-year and planned future) 3 By type of investment Greenfield investment U.S. U.S. U.S. businesses businesses businesses acquired Total established expanded (5) (6) (7) (8) 1,941 2,421 135,820 116,312 13,398 6,110 0 New England: Connecticut 161 159 2 0 161 159 2 Maine 22 (D) (D) 0 22 (D) (D) 0 Massachusetts (D) (D) (D) (D) (D) (D) (D) (D) 0 New Hampshire 2 0 2 0 2 0 2 Rhode Island (D) (D) 0 0 (D) (D) 0 0 Vermont (D) (D) 2 0 (D) (D) 2 0 Mideast: Delaware 484 72 410 2 484 72 410 2 District of Columbia (D) (D) 0 0 (D) (D) 0 (D) Maryland 234 159 (D) (D) (D) 159 (D) (D) 14,137 14,057 (D) (D) 14,137 14,057 (D) (D) New York 3,019 2,609 (D) (D) (D) 2,609 (D) (D) Pennsylvania 3,485 (D) (D) (D) (D) (D) (D) (D) 4,703 4,677 (D) (D) (D) 4,677 (D) (D) 631 629 2 0 631 629 2 0 Michigan 8,455 8,370 (D) (D) 8,459 8,370 (D) (D) Ohio 1,675 (D) (D) (D) (D) (D) (D) (D) (D) (D) 3 (D) (D) (D) 3 (D) Iowa (D) (D) 0 0 (D) (D) 0 0 Kansas (D) (D) 3 0 (D) (D) 3 0 1,612 1,612 (*) 0 1,612 1,612 (*) 0 New Jersey Great Lakes: Illinois Indiana Wisconsin Plains: Minnesota Missouri (D) (D) (*) 0 (D) (D) 5 0 Nebraska 352 352 0 0 352 352 0 0 North Dakota 0 0 0 0 0 0 0 0 South Dakota (D) (D) 0 0 (D) (D) 0 0 Alabama 229 (D) (D) 0 (D) (D) 17 (D) Arkansas (D) (D) 0 0 (D) (D) 0 0 Florida 1,189 1,129 50 10 (D) 1,129 (D) (D) Georgia (D) Southeast: 2,167 2,046 (D) (D) (D) 2,046 (D) Kentucky (D) (D) 0 0 (D) (D) 0 0 Louisiana (D) 4 (D) 2 (D) 4 (D) 2 Mississippi (D) 0 0 (D) (D) 0 0 (D) North Carolina 1,543 1,162 (D) (D) 1,946 1,162 70 714 South Carolina (D) (D) (*) 0 (D) (D) (*) 0 Tennessee (D) (D) 0 0 (D) (D) (*) 0 Virginia (D) (D) (D) (D) (D) (D) (D) (D) West Virginia (D) (D) 0 0 (D) (D) 0 0 Southwest: Arizona 2,666 (D) (D) 0 (D) (D) (D) 0 New Mexico 36 (D) (D) 0 36 (D) (D) 0 Oklahoma (D) (D) (*) 0 (D) (D) (*) 0 18,598 17,558 84 956 19,347 17,558 (D) (D) Colorado (D) (D) 16 0 (D) (D) (D) 0 Idaho (D) (D) 0 0 (D) (D) 0 0 0 Texas Rocky Mountains: Montana Utah Wyoming 7 5 2 0 7 5 2 (D) (D) 4 0 (D) (D) 4 0 6 0 6 0 6 0 6 0 Far West: Alaska California 0 0 0 0 0 0 0 0 17,824 17,536 179 109 18,488 17,536 (D) (D) 0 Hawaii 15 12 4 0 15 12 4 Nevada 237 201 35 0 (D) 201 (D) 0 Oregon 815 813 2 0 815 813 2 0 912 892 17 3 912 892 17 3 (D) (D) 0 0 (D) (D) 0 0 0 0 0 0 0 0 0 0 Washington Puerto Rico Other U.S. areas 4 * A nonzero value that rounds to zero. D Suppressed to avoid disclosure of data on individual companies. 1. Statistics are shown for the state in which the newly acquired, established, or expanded U.S. business enterprise is located. If the U.S. business enterprise operates in more than one state; it is the state where the largest number of employees are based; if there are no employees it is the state of incorporation of the U.S. business enterprise. 2. First-year expenditures include expenditures in the year in which the transaction occurred. 3. Planned total expenditures include first-year expenditures for all investments plus planned future expenditures until completion (and expenditures from past years, if any) for establishments and expansions that are multiyear investments. For acquired U.S. businesses, first-year expenditures and planned total expenditures are the same. 4. "Other U.S. areas" consists of the U.S. Virgin Islands, Guam, American Samoa, and all other outlying U.S. areas. Source: U.S. Bureau of Economic Analysis –11– 1 Table 4.1 Current and Planned Employment of U.S. Businesses Acquired, Established, and Expanded in 2019, Industry of Affiliate by Type of Investment [Thousands of employees] 2 Total (1) All industries 3 Current employment By type of investment Greenfield investment U.S. U.S. U.S. businesses businesses businesses acquired established expanded (2) (3) (4) Planned employment By type of investment Greenfield investment U.S. U.S. U.S. businesses businesses businesses acquired established expanded (6) (7) (8) Total (5) 285.2 276.0 1.6 7.6 299.4 276.0 8.2 15.2 69.1 63.3 0.3 5.5 78.8 63.3 4.5 11.1 21.2 18.7 (*) 2.5 21.8 18.7 0.3 2.8 Beverages and tobacco products 1.2 1.2 0.0 (*) 1.2 1.2 A A Paper 0.6 0.5 0.0 0.2 0.8 0.5 0.0 0.4 Manufacturing Food Petroleum and coal products Chemicals Basic chemicals Pharmaceuticals and medicines Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13.8 13.2 0.1 0.5 15.1 13.2 0.7 1.1 I I 0.0 (*) I I (*) (*) 4.2 4.1 (*) 0.1 4.4 4.1 0.1 0.3 H H (*) 0.4 I H 0.7 0.8 Plastics and rubber products 9.7 9.3 A A 9.6 9.3 (*) 0.3 Nonmetallic mineral products 0.7 0.7 0.1 (*) 1.3 0.7 0.7 (*) Primary and fabricated metals 3.4 3.4 (*) (*) 4.0 3.4 0.4 0.2 Primary metals 2.5 2.5 (*) 0.0 2.7 2.5 0.2 (*) Fabricated metal products 0.9 0.9 (*) (*) 1.3 0.9 0.2 0.2 Machinery 6.4 6.4 0.0 (*) 7.0 6.4 0.1 0.5 Computers and electronic products 1.2 G 0.0 A G G (*) F 0.9 F 0.0 A 1.1 F A 0.2 Navigational, measuring, and other instruments A A 0.0 0.0 F A A F Other A A 0.0 0.0 0.2 A A 0.0 Electrical equipment, appliances, and components 1.8 1.7 0.1 0.0 2.3 1.7 0.6 0.0 Transportation equipment 4.8 3.4 (*) 1.4 8.6 3.4 1.4 3.9 1.9 0.7 (*) 1.1 5.5 0.7 1.4 3.4 0.5 Semiconductors and other electronic components Motor vehicles, bodies and trailers, and parts Other Other Wholesale trade Motor vehicles and motor vehicle parts and supplies 2.9 2.6 0.0 0.3 3.1 2.6 (*) 4.2 H A 0.5 H H A F 12.7 12.5 0.2 0.0 12.9 12.5 A A 0.0 G G 0.0 0.0 G G (*) Electrical goods 0.0 0.0 0.0 0.0 A 0.0 A 0.0 Petroleum and petroleum products 0.4 0.4 0.0 0.0 0.4 0.4 0.0 0.0 Other J J 0.2 0.0 J J 0.4 A 29.3 K 0.0 F 29.4 K A F Food and beverage stores H H 0.0 F H H 0.0 F Other K K 0.0 0.0 K K A A Retail trade Information 18.0 17.3 (*) 0.7 18.6 17.3 0.5 0.8 Publishing industries 9.4 8.7 (*) 0.7 9.7 8.7 0.2 0.8 Telecommunications 4.1 4.1 0.0 0.0 4.1 4.1 (*) 0.0 Other 4.5 4.5 (*) 0.0 4.7 4.5 0.3 (*) 8.2 8.1 A A 8.2 8.1 (*) 0.1 Depository credit intermediation (banking) 0.2 0.2 0.0 0.0 0.2 0.2 A A Finance, except depository institutions 5.6 I A 0.0 I I A 0.0 Insurance carriers and related activities 2.5 G 0.0 A G G A A G G A 0.0 1.2 G A 0.0 Finance and insurance Real estate and rental and leasing Real estate Rental and leasing (except real estate) Professional, scientific, and technical services 0.1 A A 0.0 A A A 0.0 G G 0.0 0.0 G G (*) 0.0 43.2 42.9 A A 44.1 42.9 0.7 0.5 Architectural, engineering, and related services I I 0.0 0.0 I I (*) 0.0 Computer systems design and related services 12.0 12.0 0.0 0.0 12.4 12.0 0.2 0.2 Management, scientific, and technical consulting 11.9 11.9 0.0 0.0 12.1 11.9 0.2 0.0 J I A A J I 0.3 0.3 M M G A 106.1 M 2.0 G 8.9 8.9 (*) 0.0 9.0 8.9 0.1 0.0 Other Other industries Mining Utilities 5.8 H F 0.0 6.1 H G A Construction 49.0 49.0 0.0 0.0 49.1 49.0 (*) 0.0 Transportation and warehousing 11.1 11.1 (*) (*) 11.7 11.1 0.1 0.5 Administration, support, and waste management 7.2 7.1 0.1 0.0 7.3 7.1 0.1 0.0 Health care and social assistance 4.6 4.6 0.0 0.0 4.7 4.6 0.1 0.0 Accommodation and food services 5.2 5.2 (*) 0.0 5.3 5.2 0.1 0.0 J J (*) A 13.0 J A 1.1 Other (*) Fewer than 50 employees. 1. Statistics include all full-time and part-time employees on payroll and exclude contract workers and other workers not carried on payroll of the U.S. business enterprise. 2. Current employment includes the employment of the acquired, established, or new facilities of expanded affiliates at the time the transactions occurred or the investments were initiated. 3. Planned employment consists of the current employment of acquired enterprises, the planned employment of established business enterprises once they are fully operating, and the planned employment associated with the new facilities of expanded business enterprises once they are fully operating. 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; L50,000 to 99,999; M-100,000 or more. Source: U.S. Bureau of Economic Analysis –12– 1 Table 4.2 Current and Planned Employment of U.S. Businesses Acquired, Established, and Expanded in 2020, Industry of Affiliate by Type of Investment [Thousands of employees] 2 Current employment By type of investment Greenfield investment U.S. U.S. U.S. businesses businesses businesses acquired expanded established (2) (3) (4) Total (1) All industries 3 Planned employment By type of investment Greenfield investment U.S. U.S. U.S. businesses businesses businesses acquired expanded established (6) (7) (8) Total (5) 197.5 194.0 0.3 3.2 206.5 194.0 6.0 6.5 30.9 30.3 0.1 0.5 36.7 30.3 4.0 2.5 Food 0.7 0.6 (*) (*) 1.5 0.6 0.3 0.5 Beverages and tobacco products 0.8 0.8 0.0 0.0 0.8 0.8 (*) 0.0 Paper 0.2 0.2 0.0 0.0 0.2 0.2 (*) 0.0 Petroleum and coal products 0.2 0.2 0.0 0.0 0.2 0.2 (*) 0.0 Chemicals 9.4 9.3 0.0 0.1 9.6 9.3 (*) 0.3 F F 0.0 (*) F F 0.0 A 7.0 6.9 0.0 0.1 7.2 6.9 A A Manufacturing Basic chemicals Pharmaceuticals and medicines Other Plastics and rubber products G G 0.0 0.0 G G A 0.0 0.5 0.5 0.0 0.0 0.5 0.5 (*) 0.0 0.0 Nonmetallic mineral products 0.7 0.7 0.0 0.0 0.7 0.7 (*) Primary and fabricated metals 3.1 3.1 0.0 0.0 3.4 3.1 A A H H 0.0 0.0 3.1 H A A Primary metals Fabricated metal products Machinery Computers and electronic products Semiconductors and other electronic components A A 0.0 0.0 0.3 A A 0.0 1.4 1.1 0.0 0.3 1.6 1.1 (*) 0.5 H H 0.0 0.0 I H G 0.0 H H 0.0 0.0 H H G 0.0 Navigational, measuring, and other instruments 0.4 0.4 0.0 0.0 0.4 0.4 (*) 0.0 Other 0.3 0.3 0.0 0.0 0.3 0.3 (*) 0.0 Electrical equipment, appliances, and components 1.0 G A 0.0 G G G 0.0 Transportation equipment 2.4 2.4 0.1 (*) 3.2 2.4 0.3 0.6 Motor vehicles, bodies and trailers, and parts G G 0.1 (*) 2.3 G A F Other F F 0.0 0.0 0.9 F A A I 7.0 A 0.0 7.7 7.0 A A 7.9 7.8 0.1 0.0 8.0 7.8 0.2 0.0 Other Wholesale trade Motor vehicles and motor vehicle parts and supplies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Electrical goods 0.6 0.6 0.0 0.0 0.6 0.6 (*) 0.0 G G 0.0 0.0 G G (*) 0.0 I I 0.1 0.0 I I 0.2 0.0 Petroleum and petroleum products Other Retail trade Food and beverage stores Other Information L L (*) 2.6 L L 0.1 2.6 2.6 0.0 0.0 2.6 2.6 0.0 (*) 2.6 L L (*) 0.0 L L 0.1 0.0 9.2 9.2 (*) 0.0 9.8 9.2 0.4 0.2 Publishing industries 2.6 2.6 (*) 0.0 2.9 2.6 0.1 0.2 Telecommunications 3.7 3.7 0.0 0.0 3.7 3.7 (*) 0.0 Other 2.9 2.9 (*) 0.0 3.2 2.9 0.3 0.0 5.3 5.3 0.0 0.0 6.3 5.3 A F Depository credit intermediation (banking) (*) (*) 0.0 0.0 0.1 (*) 0.0 (*) Finance, except depository institutions G G 0.0 0.0 G G A F Insurance carriers and related activities H H 0.0 0.0 H H 0.0 A Finance and insurance Real estate and rental and leasing Real estate Rental and leasing (except real estate) H H (*) 0.0 H H 0.1 0.0 H H (*) 0.0 H H 0.1 0.0 0.1 0.1 0.0 0.0 0.1 0.1 (*) 0.0 Professional, scientific, and technical services 9.6 9.5 0.1 0.0 10.2 9.5 0.6 (*) Architectural, engineering, and related services 0.6 0.5 0.1 0.0 0.6 0.5 A A Computer systems design and related services 2.9 2.9 (*) 0.0 3.0 2.9 0.1 0.0 Management, scientific, and technical consulting 0.8 0.8 (*) 0.0 1.0 0.8 A A Other 5.4 5.4 (*) 0.0 5.6 5.4 A A K K (*) (*) K K F A Mining 3.6 3.6 (*) 0.0 3.8 3.6 0.2 0.0 Utilities 0.8 0.8 (*) (*) 0.8 0.8 (*) 0.1 Construction 0.3 0.3 0.0 0.0 0.3 0.3 (*) (*) Transportation and warehousing 4.1 4.1 0.0 0.0 4.3 4.1 0.2 0.0 Administration, support, and waste management 0.0 Other industries 9.5 9.5 0.0 0.0 9.6 9.5 0.1 Health care and social assistance H H 0.0 0.0 H H (*) 0.0 Accommodation and food services 0.8 0.8 0.0 0.0 0.8 0.8 (*) 0.0 A A Other 11.6 11.6 0.0 (*) 11.8 11.6 (*) Fewer than 50 employees. 1. Statistics include all full-time and part-time employees on payroll and exclude contract workers and other workers not carried on payroll of the U.S. business enterprise. 2. Current employment includes the employment of the acquired, established, or new facilities of expanded affiliates at the time the transactions occurred or the investments were initiated. 3. Planned employment consists of the current employment of acquired enterprises, the planned employment of established business enterprises once they are fully operating, and the planned employment associated with the new facilities of expanded business enterprises once they are fully operating. 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; L50,000 to 99,999; M-100,000 or more. Source: U.S. Bureau of Economic Analysis –13– Table 5.1 Current and Planned Employment 1 of U.S. Businesses Acquired, Established, and Expanded in 2019, Country of UBO 2 by Type of Investment [Thousands of employees] Current employment 3 By type of investment Greenfield investment U.S. U.S. U.S. businesses businesses businesses acquired established expanded (2) (3) (4) Total (1) All countries Planned employment 4 By type of investment Greenfield investment U.S. U.S. U.S. businesses businesses businesses acquired established expanded (6) (7) (8) Total (5) 285.2 276.0 1.6 7.6 299.4 276.0 8.2 15.2 Canada 36.7 36.2 (*) 0.4 38.7 36.2 0.7 1.8 Europe 110.0 106.4 0.1 3.4 115.8 106.4 2.1 7.3 Belgium 2.1 2.1 0.0 0.0 2.2 2.1 0.1 (*) Denmark 1.4 1.4 0.0 0.0 1.4 1.4 0.1 (*) Finland 0.2 0.2 (*) 0.0 0.2 0.2 (*) 0.0 France 19.5 19.2 0.0 0.3 20.5 19.2 (*) 1.3 Germany 12.7 11.7 0.1 1.0 14.2 11.7 0.7 1.8 Ireland 5.4 5.3 (*) 0.1 5.7 5.3 0.1 0.3 Italy 2.2 2.2 (*) (*) 2.4 2.2 0.1 0.1 Netherlands 1.7 0.9 0.0 0.8 1.8 0.9 (*) 0.8 Spain 0.3 0.3 0.0 0.0 0.5 0.3 0.2 (*) Sweden 7.2 7.2 0.0 0.0 8.0 7.2 (*) 0.8 Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America 8.1 7.6 0.1 0.4 8.0 7.6 0.2 0.1 42.0 41.2 (*) 0.8 43.7 41.2 0.5 2.0 7.1 7.1 (*) 0.0 7.3 7.1 0.1 (*) 71.9 71.8 A A 72.3 71.8 A A 2.1 G A A G G A A Brazil G G A 0.0 1.3 G A 0.0 Mexico 0.5 0.5 0.0 0.0 0.5 0.5 (*) 0.0 Venezuela 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 F A 0.0 A F A A A 0.0 Other Other Western Hemisphere 69.9 L A 0.0 L L A Bermuda K K 0.0 0.0 K K (*) 0.0 United Kingdom Islands, Caribbean 5 K K 0.0 0.0 K K 0.1 0.0 0.8 F A 0.0 F F A 0.0 0.0 Other Africa 0.1 0.1 0.0 0.0 0.2 0.1 (*) South Africa (*) (*) 0.0 0.0 (*) (*) (*) 0.0 Other 0.1 0.1 0.0 0.0 0.1 0.1 (*) 0.0 Middle East G G 0.0 0.0 H G F 0.0 Israel 0.8 0.8 0.0 0.0 0.9 0.8 (*) 0.0 Saudi Arabia (*) (*) 0.0 0.0 F (*) F 0.0 United Arab Emirates 0.4 0.4 0.0 0.0 0.4 0.4 (*) 0.0 F F 0.0 0.0 0.9 F A 0.0 Other Asia and Pacific 64.0 59.0 G H 69.2 59.0 4.2 6.0 Australia 9.7 9.7 (*) 0.0 9.8 9.7 0.1 0.0 China 0.7 0.7 (*) 0.0 0.9 0.7 0.2 0.0 Hong Kong 0.2 0.2 (*) 0.0 0.2 0.2 (*) 0.0 India 4.6 4.6 (*) 0.0 5.0 4.6 0.3 0.2 Japan 24.7 20.0 1.2 3.5 28.4 20.0 3.1 5.4 0.8 0.8 0.0 0.0 0.8 0.8 (*) 0.0 22.6 22.3 A A 23.1 22.3 0.5 0.4 0.6 0.6 0.0 0.0 0.6 0.6 (*) 0.0 0.2 0.2 0.0 0.0 0.2 0.2 (*) 0.0 A A (*) 0.0 F A A A Singapore South Korea Taiwan Other United States 6 (*) Fewer than 50 employees. 1. Statistics include all full-time and part-time employees on payroll and exclude contract workers and other workers not carried on payroll of the U.S. business enterprise. 2. The Ultimate Beneficial Owner (UBO) is the entity, proceeding up the foreign ownership chain, which is not more than 50 percent owned by another entity. The UBO is the entity that ultimately owns or controls and thus ultimately derives the benefits and assumes the risks from owning or controlling an affiliate. 3. Current employment includes the employment of the acquired, established, or new facilities of expanded affiliates at the time the transactions occurred or the investments were initiated. 4. Planned employment consists of the current employment of acquired enterprises, the planned employment of established business enterprises once they are fully operating, and the planned employment associated with the new facilities of expanded business enterprises once they are fully operating. 5. The "United Kingdom Islands, Caribbean" consists of the British Virgin Islands, the Cayman Islands, Montserrat, and the Turks and Caicos Islands. 6. The United States is the country of ultimate beneficial owner for businesses newly acquired, established, or expanded by foreign investors that are ultimately owned by persons located in the United States. 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. Source: U.S. Bureau of Economic Analysis –14– Table 5.2 Current and Planned Employment 1 of U.S. Businesses Acquired, Established, and Expanded in 2020, Country of UBO 2 by Type of Investment [Thousands of employees] Current employment 3 By type of investment Greenfield investment U.S. U.S. U.S. businesses businesses businesses acquired established expanded (2) (3) (4) Total (1) All countries Planned employment 4 By type of investment Greenfield investment U.S. U.S. U.S. businesses businesses businesses acquired established expanded (6) (7) (8) Total (5) 197.5 194.0 0.3 3.2 206.5 194.0 6.0 6.5 Canada 112.4 112.4 (*) 0.1 113.4 112.4 0.8 0.3 Europe 44.3 42.6 0.2 1.6 47.8 42.6 1.2 3.9 Belgium 0.1 0.1 0.0 0.0 0.2 0.1 (*) 0.0 Denmark 3.5 3.5 (*) 0.0 3.6 3.5 0.2 (*) Finland 0.3 0.3 0.0 0.0 0.3 0.3 (*) 0.0 France 2.9 2.8 0.1 0.0 2.9 2.8 0.1 0.0 Germany 6.0 4.7 (*) 1.3 6.8 4.7 0.1 1.9 Ireland 5.0 5.0 0.0 (*) 5.3 5.0 0.3 0.1 Italy 0.4 0.4 (*) 0.0 0.4 0.4 (*) 0.0 Netherlands 0.5 0.5 0.0 0.0 0.6 0.5 (*) 0.1 Spain (*) (*) 0.0 0.0 F (*) A F Sweden 3.0 3.0 0.0 0.0 3.0 3.0 (*) 0.0 Switzerland United Kingdom Other Latin America and Other Western Hemisphere South and Central America 6.8 6.6 (*) 0.2 7.3 6.6 0.1 0.6 10.1 10.1 (*) (*) 10.4 10.1 0.2 0.1 5.7 5.7 0.0 0.0 I 5.7 A A 18.2 J (*) G 18.4 J A G 2.9 G (*) G H G A G Brazil 0.1 0.1 0.0 0.0 0.1 0.1 (*) 0.0 Mexico 2.8 G (*) G H G A G Venezuela (*) (*) 0.0 0.0 (*) (*) 0.0 0.0 Other (*) (*) (*) 0.0 (*) (*) (*) 0.0 15.3 15.3 0.0 0.0 J 15.3 (*) A G G 0.0 0.0 G G 0.0 0.0 7.4 7.4 0.0 0.0 7.4 7.4 A A I I 0.0 0.0 I I A 0.0 Other Western Hemisphere Bermuda United Kingdom Islands, Caribbean Other Africa South Africa Other Middle East 5 F F 0.0 0.0 F F (*) 0.0 0.0 0.0 0.0 0.0 (*) 0.0 (*) 0.0 F F 0.0 0.0 F F (*) 0.0 0.9 0.9 (*) 0.0 0.9 0.9 (*) 0.0 Israel 0.5 0.5 0.0 0.0 0.5 0.5 (*) 0.0 Saudi Arabia 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 United Arab Emirates (*) 0.0 (*) 0.0 (*) 0.0 (*) 0.0 Other 0.4 0.4 0.0 0.0 0.4 0.4 (*) 0.0 Asia and Pacific 20.7 20.4 A A 25.0 20.4 H F Australia 6.8 6.8 0.0 0.0 7.0 6.8 (*) 0.1 China 0.9 0.9 0.0 0.0 1.3 0.9 0.2 0.3 Hong Kong 0.3 0.3 0.0 0.0 0.3 0.3 (*) 0.0 India H H (*) 0.0 H H 0.2 (*) Japan 3.6 H A A 4.1 H A 0.5 0.0 Singapore H H (*) 0.0 H H 0.1 South Korea Taiwan 0.4 A A 0.0 G A G A 0.6 0.6 0.0 0.0 H 0.6 G 0.0 Other 0.4 0.4 0.0 0.0 0.5 0.4 (*) 0.0 A A A 0.0 A A A 0.0 United States 6 (*) Fewer than 50 employees. 1. Statistics include all full-time and part-time employees on payroll and exclude contract workers and other workers not carried on payroll of the U.S. business enterprise. 2. The Ultimate Beneficial Owner (UBO) is the entity, proceeding up the foreign ownership chain, which is not more than 50 percent owned by another entity. The UBO is the entity that ultimately owns or controls and thus ultimately derives the benefits and assumes the risks from owning or controlling an affiliate. 3. Current employment includes the employment of the acquired, established, or new facilities of expanded affiliates at the time the transactions occurred or the investments were initiated. 4. Planned employment consists of the current employment of acquired enterprises, the planned employment of established business enterprises once they are fully operating, and the planned employment associated with the new facilities of expanded business enterprises once they are fully operating. 5. The "United Kingdom Islands, Caribbean" consists of the British Virgin Islands, the Cayman Islands, Montserrat, and the Turks and Caicos Islands. 6. The United States is the country of ultimate beneficial owner for businesses newly acquired, established, or expanded by foreign investors that are ultimately owned by persons located in the United States. 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. Source: U.S. Bureau of Economic Analysis –15– Table 6.1 Current and Planned Employment 1 of U.S. Businesses Acquired, Established, and Expanded in 2019, State 2 by Type of Investment [Thousands of employees] Current employment 3 By type of investment Greenfield investment U.S. businesses acquired (2) Total (1) Total 285.2 276.0 Planned employment 4 By type of investment Greenfield investment U.S. businesses U.S. businesses established expanded (3) (4) 1.6 7.6 U.S. businesses acquired (6) Total (5) 299.4 276.0 U.S. businesses U.S. businesses established expanded (7) (8) 8.2 15.2 New England: Connecticut 1.3 1.3 0.0 0.0 1.3 1.3 (*) 0.0 Maine 0.4 0.4 0.0 0.0 0.4 0.4 (*) 0.0 14.1 13.9 0.0 0.3 14.2 13.9 0.1 0.3 A A 0.0 0.0 F A (*) F Rhode Island (*) (*) 0.0 0.0 (*) (*) 0.0 (*) Vermont (*) (*) 0.0 0.0 (*) (*) 0.0 0.0 Massachusetts New Hampshire Mideast: Delaware (*) (*) (*) (*) 0.4 (*) 0.4 (*) District of Columbia 0.4 0.4 0.0 0.0 0.4 0.4 (*) 0.0 0.8 Maryland 1.9 1.2 (*) 0.7 2.0 1.2 (*) New Jersey 5.8 5.8 (*) 0.0 6.1 5.8 A A New York 22.4 22.3 0.1 0.0 22.7 22.3 0.4 (*) Pennsylvania 12.4 12.2 0.0 0.2 12.6 12.2 (*) 0.4 Illinois 6.4 6.4 (*) (*) 6.6 6.4 0.2 (*) Indiana 0.1 0.1 (*) (*) 1.0 0.1 0.3 0.7 Michigan 8.3 8.3 0.0 (*) 8.6 8.3 0.2 (*) Ohio 3.5 3.0 (*) 0.4 4.2 3.0 0.4 0.8 Wisconsin 9.5 9.5 (*) 0.0 9.6 9.5 0.1 0.0 Great Lakes: Plains: Iowa 1.2 1.2 0.0 0.0 1.2 1.2 (*) 0.0 Kansas 3.3 3.3 0.0 0.0 3.4 3.3 (*) 0.1 0.3 Minnesota 40.7 40.4 0.0 0.3 40.7 40.4 (*) Missouri 2.0 1.7 0.0 0.3 1.7 1.7 (*) (*) Nebraska G G 0.0 0.0 G G 0.0 0.0 North Dakota 0.6 0.6 (*) 0.0 0.7 0.6 (*) 0.0 South Dakota (*) (*) 0.0 0.0 (*) (*) 0.0 0.0 Alabama 0.4 0.3 (*) 0.1 1.9 0.3 0.8 0.8 Arkansas (*) 0.0 (*) 0.0 0.1 0.0 0.1 0.0 11.6 11.6 (*) (*) 11.7 11.6 0.1 0.1 Southeast: Florida Georgia K K (*) 0.3 36.0 K F F Kentucky 4.8 4.4 0.0 0.4 5.1 4.4 (*) 0.7 0.5 Louisiana 0.8 0.5 0.0 0.3 1.0 0.5 0.0 Mississippi (*) (*) 0.0 0.0 (*) (*) 0.0 (*) North Carolina 2.5 2.2 (*) 0.3 3.0 2.2 0.3 0.5 South Carolina 0.5 0.5 0.0 (*) 1.5 0.5 0.1 0.9 Tennessee 2.6 2.4 0.2 (*) 3.9 2.4 0.8 0.8 Virginia 2.4 2.4 0.0 (*) 3.3 2.4 0.1 0.8 West Virginia 0.0 0.0 0.0 0.0 (*) 0.0 (*) 0.0 0.3 Southwest: Arizona 2.6 2.5 0.0 0.1 2.8 2.5 (*) New Mexico 0.4 0.4 0.0 0.0 0.5 0.4 (*) (*) Oklahoma 0.2 0.2 0.0 0.0 0.3 0.2 (*) 0.1 31.1 29.9 A G 32.6 29.9 1.4 1.3 Texas Rocky Mountains: Colorado 8.0 I F 0.0 8.3 I F A Idaho 0.4 0.4 0.0 0.0 0.5 0.4 (*) 0.0 Montana 0.2 0.2 0.0 0.0 0.2 0.2 (*) 0.0 G G 0.0 0.0 G G (*) 0.0 0.1 0.1 0.0 0.0 0.1 0.1 (*) (*) Utah Wyoming Far West: Alaska California Hawaii 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27.4 25.3 A G 28.2 25.3 0.6 2.3 0.0 (*) (*) 0.0 0.0 (*) (*) (*) Nevada I I 0.0 0.0 I I 0.1 (*) Oregon 0.7 0.7 0.0 (*) 0.7 0.7 (*) 0.1 Washington Puerto Rico Other U.S. areas 5 5.2 H (*) F 5.6 H A 0.9 G G 0.0 0.0 G G 0.0 0.0 (*) (*) 0.0 0.0 (*) (*) 0.0 0.0 (*) Fewer than 50 employees. 1. Statistics include all full-time and part-time employees on payroll and exclude contract workers and other workers not carried on payroll of the U.S. business enterprise. 2. Statistics are shown for the state in which the newly acquired, established, or expanded U.S. business enterprise is located. If the U.S. business enterprise operates in more than one state; it is the state where the largest number of employees are based; if there are no employees it is the state of incorporation of the U.S. business enterprise. 3. Current employment includes the employment of the acquired, established, or new facilities of expanded affiliates at the time the transactions occurred or the investments were initiated. 4. Planned employment consists of the current employment of acquired enterprises, the planned employment of established business enterprises once they are fully operating, and the planned employment associated with the new facilities of expanded business enterprises once they are fully operating. 5. "Other U.S. areas" consists of the U.S. Virgin Islands, Guam, American Samoa, and all other outlying U.S. areas. 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; K25,000 to 49,999; L-50,000 to 99,999; M-100,000 or more. Source: U.S. Bureau of Economic Analysis –16– Table 6.2 Current and Planned Employment 1 of U.S. Businesses Acquired, Established, and Expanded in 2020, State 2 by Type of Investment [Thousands of employees] Current employment 3 By type of investment Greenfield investment U.S. businesses acquired (2) Total (1) Total 197.5 194.0 Planned employment 4 By type of investment Greenfield investment U.S. businesses U.S. businesses established expanded (3) (4) U.S. businesses acquired (6) Total (5) U.S. businesses U.S. businesses established expanded (7) (8) 0.3 3.2 206.5 194.0 6.0 6.5 0.0 New England: Connecticut 0.5 0.5 0.0 0.0 0.6 0.5 (*) Maine (*) (*) 0.0 0.0 (*) (*) (*) 0.0 Massachusetts 3.5 3.4 A A 3.7 3.4 (*) 0.3 0.0 New Hampshire 0.0 0.0 0.0 0.0 (*) 0.0 (*) Rhode Island (*) (*) 0.0 0.0 (*) (*) 0.0 0.0 Vermont 0.6 0.6 0.0 0.0 0.6 0.6 0.0 0.0 0.0 Mideast: Delaware 0.1 0.1 (*) 0.0 0.6 0.1 0.5 District of Columbia (*) A 0.0 A (*) A 0.0 A Maryland 0.7 0.4 0.0 0.2 0.9 0.4 (*) 0.5 0.2 New Jersey 7.3 7.1 (*) 0.2 7.3 7.1 (*) New York 3.3 3.1 (*) 0.2 3.6 3.1 0.3 0.2 Pennsylvania 1.8 1.5 (*) 0.2 1.8 1.5 (*) 0.2 Illinois 5.0 5.0 (*) 0.0 5.2 5.0 0.1 0.1 Indiana 0.7 0.7 (*) 0.0 0.7 0.7 (*) 0.0 Michigan 6.6 6.6 (*) (*) 7.1 6.6 0.1 0.5 Ohio 1.3 G A 0.0 2.4 G G A Wisconsin 1.9 1.7 0.0 0.2 2.1 1.7 0.1 0.3 Great Lakes: Plains: Iowa 0.9 0.9 0.0 0.0 0.9 0.9 0.0 0.0 Kansas 0.3 0.3 0.0 0.0 0.3 0.3 (*) 0.0 Minnesota 1.0 1.0 0.0 0.0 1.0 1.0 (*) 0.0 H H 0.0 0.0 H H 0.3 0.0 Missouri Nebraska 2.2 2.2 0.0 0.0 2.2 2.2 0.0 0.0 North Dakota 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 South Dakota (*) (*) 0.0 0.0 (*) (*) 0.0 0.0 0.2 Southeast: Alabama 0.2 0.1 (*) 0.0 0.5 0.1 0.2 Arkansas (*) (*) 0.0 0.0 (*) (*) 0.0 0.0 Florida 3.3 3.3 (*) 0.0 4.2 3.3 0.1 0.9 Georgia 6.0 5.9 0.0 0.2 6.2 5.9 (*) 0.3 Kentucky 6.0 6.0 0.0 0.0 6.0 6.0 0.0 0.0 Louisiana (*) (*) 0.0 0.0 0.1 (*) (*) 0.1 Mississippi (*) 0.0 0.0 (*) (*) 0.0 0.0 (*) North Carolina 1.1 0.9 (*) 0.2 2.1 0.9 0.4 0.8 South Carolina 0.8 0.8 0.0 0.0 0.8 0.8 (*) 0.0 Tennessee 0.4 0.4 0.0 0.0 0.4 0.4 (*) 0.0 Virginia 2.4 2.2 0.0 0.2 2.4 2.2 (*) 0.2 West Virginia (*) (*) 0.0 0.0 (*) (*) 0.0 0.0 Southwest: Arizona 9.3 I A 0.0 J I G 0.0 New Mexico (*) (*) 0.0 0.0 (*) (*) (*) 0.0 Oklahoma (*) (*) 0.0 0.0 (*) (*) (*) 0.0 L L 0.1 (*) L L 0.2 0.2 3.0 3.0 0.0 0.0 3.0 3.0 (*) 0.0 F F 0.0 0.0 F F 0.0 0.0 Montana (*) (*) 0.0 0.0 (*) (*) 0.0 0.0 Utah 0.3 0.3 0.0 0.0 0.3 0.3 (*) 0.0 Wyoming 0.0 0.0 0.0 0.0 (*) 0.0 (*) 0.0 0.0 Texas Rocky Mountains: Colorado Idaho Far West: Alaska California Hawaii 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21.0 J (*) G 21.6 J A G (*) (*) 0.0 0.0 (*) (*) (*) 0.0 Nevada 0.5 0.5 0.0 0.0 0.5 0.5 (*) 0.0 Oregon 0.8 0.8 0.0 0.0 0.8 0.8 (*) 0.0 0.9 0.9 (*) 0.0 0.9 0.9 (*) (*) G G 0.0 0.0 G G 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Washington Puerto Rico Other U.S. areas 5 (*) Fewer than 50 employees. 1. Statistics include all full-time and part-time employees on payroll and exclude contract workers and other workers not carried on payroll of the U.S. business enterprise. 2. Statistics are shown for the state in which the newly acquired, established, or expanded U.S. business enterprise is located. If the U.S. business enterprise operates in more than one state; it is the state where the largest number of employees are based; if there are no employees it is the state of incorporation of the U.S. business enterprise. 3. Current employment includes the employment of the acquired, established, or new facilities of expanded affiliates at the time the transactions occurred or the investments were initiated. 4. Planned employment consists of the current employment of acquired enterprises, the planned employment of established business enterprises once they are fully operating, and the planned employment associated with the new facilities of expanded business enterprises once they are fully operating. 5. "Other U.S. areas" consists of the U.S. Virgin Islands, Guam, American Samoa, and all other outlying U.S. areas. 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; K25,000 to 49,999; L-50,000 to 99,999; M-100,000 or more. Source: U.S. Bureau of Economic Analysis –17–
@FedFRASER