Sunday, February 05, 2012
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Insourcing Facts

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Insourcing Facts 1
  • Jobs - U.S. subsidiaries employ 5.3 million Americans - or 4.7 percent  of private sector employment.  
    Insourcing Jobs by State Map

  • Payroll - U.S. subsidiaries of companies headquartered abroad support an annual payroll of $409.7 billion — with average compensation per worker of $77,597, which is 33 percent higher than compensation at all U.S. companies.
Insourcing Facts 2
  • Manufacturing - Approximately 2 million jobs at U.S. subsidiaries are in the manufacturing sector, accounting for nearly 17 percent of total American manufacturing jobs.

  • Exports - U.S. subsidiaries manufacture in America to export goods around the world — accounting for nearly 21 percent of all U.S. exports, or $219.7 billion.

  • Purchase Locally - U.S. subsidiaries buy more than $1.8 trillion in goods and services from local suppliers and small businesses, amounting to 80 cents for every dollar spent of their total input purchases.
Insourcing Facts 3
  • R&D - U.S. subsidiaries spend an annual $43.4 billion on U.S. research and development activities or 14 percent of all R&D performed by U.S. companies .

  • Reinvestment - U.S. subsidiaries reinvest an annual $93.7 billion in their U.S. operations.

  • Taxes - U.S. subsidiaries represent one percent of U.S. businesses, but pay $38 billion in annual U.S. corporate taxes; or nearly 17 percent of total U.S. corporate tax payments.
Insourcing Facts 4
  • Bricks & Mortar - U.S. subsidiaries spend an annual $154.2 billion on plant construction and new equipment or 11 percent of all such investment in the United States.

  • Unions - Jobs at U.S. subsidiaries are more highly unionized than that of the overall business community. 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.
  • Industrial Footprint - U.S. subsidiaries' share of American employment represented 29.9 percent of the U.S chemical industry, 27.2 percent in the U.S. motor vehicle industry, and 25.3 percent of the American nonmetallic mineral products industry.
  • OECD Countries - 94 percent of total assets owned by foreign companies are from allied countries or  OECD countries.

* All statistics are the latest publicly available government data from the Department of Commerce http://www.bea.gov/ and the Internal Revenue Service (IRS), compiled by Content First, LLC for the Organization for International Investment.

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