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The economic impact of U.S. subsidiaries of global companies investing in the American economy

Jobs

Employ 6.4 million Americans, or 5.2 percent of private sector employment.  

See Insourcing Jobs by State

Payroll

Support an annual payroll of $510 billion, paying U.S. workers an average of $80,041 - that is 30 percent higher than the economy-wide average.

Output

Add $869 billion in value-added to the U.S. economy, or 6.4 percent of private sector GDP.

Manufacturing Workforce

Provide nearly 2.4 million manufacturing jobs, accounting for over 20 percent of America's manufacturing workforce.

Manufacturing Payroll

Pay an average salary of $87,231 to employees in the manufacturing sector, higher than the nation-wide manufacturing average of $79,641.

Exports

Produce over 26 percent of U.S. exports, providing $360 billion in American goods annually to customers around the world.

Taxes

Pay 14 percent of U.S. federal corporate income taxes.

Research & Development

Spend $57 billion annually on U.S. research and development activities, or over 17 percent of all R&D performed by U.S. companies.

Reinvested Earnings

Reinvested $83 billion of their earnings into their U.S. operations.

Capital Investment

Invest an annual $231 billion on new property, plant construction and equipment, accounting for 10 percent of all non-residential capital investment made in the United States.

Supply Chain

Purchase goods and services worth hundreds of billions of dollars every year from local suppliers and small businesses across the United States. 

Industry Footprint

Employ approximately 44 percent of the U.S. motor vehicle and parts industry, 43 percent of the U.S. chemicals industry, and 45 percent of the U.S. nonmetallic mineral products industry.

 

All statistics unless otherwise noted are the latest data from the Department of Commerce's Bureau of Economic Analysis released August 2016 regarding the U.S. subsidiaries of internationally-headquartered companies.  They are compiled by Content First, LLC for the Organization for International Investment.