The economic impact of U.S. subsidiaries of global companies investing in the American economy
Employ 5.6 million Americans, or 5 percent of private sector employment.
See Insourcing Jobs by State
Support an annual payroll of $438 billion, paying U.S. workers an average of $77,632 - more than 34 percent higher than the economy-wide average.
Add $736 billion in value to the U.S. economy, or 6.3 percent of private sector GDP.
Provide nearly 2.1 million manufacturing jobs, accounting for over 17 percent of America's manufacturing workforce.
Pay an average salary of $84,300 to employees in the manufacturing sector, higher than the nation-wide manufacturing average of $75,787.
Produce over 20 percent of U.S. exports, providing $303.7 billion in American goods and services annually to customers around the world.
Pay 14 percent of U.S. federal corporate income taxes.
Research & Development
Spend $45.2 billion annually on U.S. research and development activities, or 16 percent of all R&D performed by U.S. companies.
Reinvesed a record high of $105.8 billion of their earnings into their U.S. operations.
Invest an annual $177 billion on property, plant construction and new equipment, accounting for 14.4 percent of all non-residential capital investment made in the United States.
Purchase goods and services worth hundreds of billions of dollars every year from local suppliers and small businesses across the United States.
Employ a higher percentage of union workers than the national average. 12.4 percent of employees at U.S. subsidiaries are covered by a union collective bargaining agreement, compared to 8.2 percent at all U.S. businesses.
Source: BEA November 2009 (updated every four years)
Employ approximately 38 percent of the U.S. motor vehicle industry, 32 percent of the U.S. chemicals industry, and 26.5 percent of the U.S. primary metals industry.
All statistics unless otherwise noted are the latest data from the Department of Commerce's Bureau of Economic Analysis released August 2013 regarding the U.S. subsidiaries of internationally-headquartered companies. They are compiled by Content First, LLC for the Organization for International Investment.