CFOs: ‘US Business Climate Improving for International Companies’
WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement in releasing the findings of OFII’s latest Inbound Investment Survey:
“International companies not only employ nearly seven million U.S. workers, they help broaden America’s economy, making it more resilient. Thankfully, views of the U.S. business climate have improved dramatically since last fall, when only three percent of CFOs at international companies indicated that it was getting better. Clearly, America’s new tax law is driving that growing optimism. Given that 20 percent of America’s manufacturing workforce is employed by an international company, policymakers must continue to pursue policies that will encourage more of these employers to grow operations in the United States.”
See the full results of the survey here.
The Inbound Investment Survey provides keen insights from the CFOs of OFII’s member companies on the health of the U.S. business climate for inbound investment. These executives offer a unique perspective on U.S. competitiveness as they are responsible for evaluating the strength of our economy and determining when and where to invest their company’s resources.