Foreign Direct Investment in the United States

"Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $333.6 billion (preliminary) in 2021. Expenditures increased $192.2 billion from $141.4 billion (revised) in 2020 and were above the annual average of $289.7 billion for 2014–2020. As in previous years, acquisitions of existing businesses accounted for most of total expenditures.

In 2021, expenditures for acquisitions were $330.2 billion, expenditures to establish new U.S. businesses were $1.6 billion, and expenditures to expand existing foreign-owned businesses were $1.8 billion. Planned total expenditures, which include both first-year and planned future expenditures, were $345.8 billion.

Expenditures by industry, country, and state

By industry, expenditures for new direct investment were largest in manufacturing, at $121.3 billion, accounting for 36.4 percent of total expenditures. Within manufacturing, expenditures were largest in chemical manufacturing ($63.2 billion) and computers and electronic products ($30.2 billion). There were also notable expenditures in the real estate and rental and leasing sector ($43.8 billion).

By country of ultimate beneficial owner (UBO), the largest investing country was the United Kingdom, with expenditures of $59.7 billion. The Netherlands ($43.1 billion) was the second-largest investing country, followed by France ($35.3 billion). By region, Europe contributed 70.0 percent of new investment in 2021.

By U.S. state, California received the most investment, totaling $64.1 billion, followed by Massachusetts ($53.8 billion) and New York ($34.2 billion)..."
Foreign investments 

U.S. Remains No. 1 Choice for Foreign Investment – New Stats Released

"On Monday, the Bureau of Economic Analysis (BEA) released highly-anticipated data highlighting new foreign direct investment (FDI) expenditures in the United States.

These statistics capture the story of new FDI into the United States in 2014 and introduce a perspective on FDI never before seen in official BEA statistics. Highlighting data like this is not only part of SelectUSA’s mission to facilitate and promote FDI into the United States but it also gives our business and policy leaders a quantitative look at how the United States maintains its title as the number one destination for FDI.

In the new set of data, BEA produced statistics that specify two types of new FDI: acquisitions and greenfield investments. Greenfield investments capture how much foreign investors are spending to establish and/or expand U.S. businesses. Last year, new FDI expenditures made by foreign investors acquiring, establishing, and expanding U.S. businesses totaled $241.3 billion while greenfield investments accounted for seven percent of that total, exceeding $16.5 billion. Acquisitions accounted for the majority of new investment expenditure, totaling $224.7 billion in 2014..."

Foreign investment

Personal Consumption Expenditures by State, 1997-2014

"Today, the U.S. Bureau of Economic Analysis released its first set of official statistics on personal consumption expenditures (PCE) by state for 1997-2014 1 . PCE by state – the measure of goods and services purchased by or on behalf of households by state of residence – provides insight into household spending patterns across states and can be used together with other regional data to gain a better understanding of regional economies.
PCE by state statistics are released for 16 expenditure categories; eight categories of goods, seven categories of services, and the net expenditures of nonprofit institutions serving households. The statistics are reported in current dollars and reflect variation in both prices and quantities..."
Personal consumption

BEA’s New Data Tool Provides Fast Access to Trade and Investment Stats for Countries

"A new data tool--International Trade and Investment Country Facts Application--on the Bureau of Economic Analysis website gives users a snapshot of statistics on trade and investment between the United States and another country by simply clicking on a world map.

These fast facts at your fingertips can include:

• Total exports, imports and trade balance between the United States and the country you select.
• The top five categories of goods and services the United States buys from and sells to that country.
• Country level data on U.S. direct investment abroad and foreign direct investment in the United States and on the activities of multinational enterprises such as employment and sales..."Trade data

U.S. Direct Investment Abroad (USDIA): Preliminary 2012 Data

"This publication presents preliminary data on the financial structure and operations of U.S. multinational enterprises (MNEs) and their foreign affiliates from the 2012 annual survey of U.S. direct investment abroad, conducted by the Bureau of Economic Analysis..."
Investment abroad

Real Personal Income for States and Metropolitan Areas: 2008-2012

"Real personal income across all regions rose by an average of 2.3% in 2012. This growth rate reflects the year-over-year change in nominal personal income across all regions adjusted by the change in the national PCE price index. On a nominal basis, personal income across all regions grew an average of 4.2% in 2012. In 2012, the U.S. PCE price index grew 1.8%.

Growth in real state personal income from 2011 to 2012 ranged from a decline of 1.2% in South Dakota to an increase of 15.1% in North Dakota. These growth rates reflect the year-over-year change in the state’s nominal personal income, the change in the national PCE price index, and the change in the regional price parity for that state. After North Dakota, the states with the largest growth rates were Montana (3.7%), Indiana (3.7%), California (3.4%), and Mississippi (3.4%). South Dakota was the only state with a decline in real personal income..." Real personal income

Real Personal Income for States and Metropolitan Areas, 2008-2012

 "Today, the U.S. Bureau of Economic Analysis released real, price-adjusted estimates of personal income for states and metropolitan areas for 2008-2012...
The price-adjustments are based on regional price parities (RPPs) and on BEA’s national Personal Consumption Expenditure (PCE) price index. The RPPs measure geographic differences in the price levels of consumption goods and services relative to the national average, and the PCE price index measures national price changes over time (see Technical Note).."
Personal income; states and metros

Personal Income for Metropolitan Areas, 2010
" Personal income rose in 2010 in all but four of the nation’s 366 metropolitan statistical areas (MSAs), according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income in the metropolitan portion of the United States rose 2.9 percent in 2010 after falling 1.9 percent in 2009. Personal income growth in 2010 ranged from 10.1 percent in Elizabethtown, Kentucky to -0.9 percent in Grand Junction, Colorado. Inflation, as measured by the national price index for personal consumption expenditures, accelerated to 1.8 percent in 2010 from 0.2 percent in 2009."

Personal Income for Metropolitan Areas, 2010
"Personal income rose in 2010 in all but four of the nation’s 366 metropolitan statistical areas (MSAs), according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income in the metropolitan portion of the United States rose 2.9 percent in 2010 after falling 1.9 percent in 2009. Personal income growth in 2010 ranged from 10.1 percent in Elizabethtown, Kentucky to -0.9 percent in Grand Junction, Colorado. Inflation, as measured by the national price index for personal consumption expenditures, accelerated to 1.8 percent in 2010 from 0.2 percent in 2009."

Local Area Personal Income, 2009
"Today, the Bureau of Economic Analysis (BEA) released estimates of personal income at the county level for 2009. Among large counties (those with a population of more than 250,000) the change in personal income from 2008 to 2009 ranged from an 8.1 percent decline (in Oakland County, Michigan) to a 4.2 percent gain (in Loudoun County, Virginia). Growth slowed in all but one of the nation’s 255 large counties. For the nation, personal income fell 1.7 percent in 2009 after growing 4.0 percent in 2008..."

Personal Income for Metropolitan Areas, 2009
"Personal income declined in 2009 in most of the nation's metropolitan statistical areas (MSAs), according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income declined in 223 MSAs, increased in 134, and remained unchanged in 9 MSAs. On average, MSA personal income fell 1.8 percent in 2009, after rising 2.7 percent in 2008. Personal income growth ranged from 14 percent in Jacksonville, North Carolina to -7.1 percent in Naples, Florida. Inflation, as measured by the national price index for personal consumption expenditures, declined to 0.2 percent in 2009 from 3.3 percent in 2008."

Local Area Personal Income, 2008
"Today, the Bureau of Economic Analysis (BEA) released estimates of personal income at the county level for 2008 based on newly available source data. The percent change from 2007 to 2008 in county personal income ranged from -48 percent in Slope County, North Dakota to 54 percent in Faulk County, South Dakota with growth slowing in more than two-thirds of the counties. For the nation, personal income grew 2.9 percent in 2008 after growing 5.5 percent in 2007. A surge in farm income accounted for the bulk of the growth in 29 of the 31 fastest growing counties (the top 1 percent of the nation’s counties) as they continued to rebound from sharp mid-decade declines in farm income..."

County Compensation by Industry, 2008
"Compensation grew in over 80 percent of the 3,112 counties in the U.S., as the average annual compensation per job in the U.S. grew by 2.6 percent to $56,116, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA).¹ Total compensation of U.S. workers grew 2.3 percent in 2008, as net job losses partially offset compensation growth. Inflation measured by the national price index for personal consumption expenditures, grew 3.3 percent..."

Personal Income for Metropolitan Areas, 2008
"Personal income growth slowed in 2008 in most of the nation's metropolitan statistical areas (MSAs), according to estimates released today by the U.S. Bureau of Economic Analysis. Personal income growth slowed in 322 MSAs, increased in 42, and remained unchanged in 2 MSAs. On average, MSA personal income grew 3.3 percent in 2008, down from 6.0 percent in 2007."

Foreign Direct Investors’ Outlays to Acquire or Establish U.S. Businesses Increased in 2008
"Outlays by foreign direct investors to acquire or establish U.S. businesses increased 3 percent in 2008, to $260.4 billion. Outlays in 2008 were the third-largest on record and the sixth consecutive increase since a falloff in outlays in 2001-2002."

Economic Slowdown Widespread Among States in 2008
"New statistics released today by the U.S. Bureau of Economic Analysis show that economic growth slowed in most states and regions of the U.S. in 2008 as economic growth overall slowed. Real GDP growth slowed in 38 states, with downturns in construction, manufacturing, and finance and insurance restraining growth in many states.1 Growth in real U.S. GDP by state slowed from 2.0 percent in 2007 to 0.7 percent in 2008."

State Personal Income 2008
"U.S. personal income growth slowed to 3.9 percent in 2008 from 6.0 percent in 2007 with all states except Alaska sharing in the slowdown, according to preliminary estimates released today by the U.S. Bureau of Economic Analysis. The U.S. growth was the slowest since 2003. Inflation, as measured by the national price index for personal consumption expenditures, rose to 3.3 percent in 2008 up from 2.6 percent in 2007."

County Compensation by Industry, 2007
"Total compensation of U.S. workers grew 5.2% in 2007 and most counties shared in that growth, according to statistics released today by the Bureau of Economic Analysis (BEA). Compensation grew in over 90% of the 3,111 counties in the U.S., as the average annual compensation per job in the U.S. grew by 4.1% to $53,892. Inflation, as measured by the national price index for personal consumption expenditures, grew 2.6% in 2007."

U.S. International Transactions: Second Quarter 2008 Current Account
"The U.S. current-account deficit--the combined balances on trade in
goods and services, income, and net unilateral current transfers--increased to
$183.1 billion (preliminary) in the second quarter of 2008 from $175.6 billion
(revised) in the first quarter. The increase was more than accounted for by a
decrease in the surplus on income and an increase in the deficit on goods. In
contrast, the surplus on services increased, and net unilateral current
transfers to foreigners decreased."

Personal Income and Outlays - July 2008
"Personal income decreased $89.9 billion, or 0.7 percent, in July, in contrast to an increase of $7.4 billion, or 0.1 percent, in June and an increase of $218.0 billion, or 1.8 percent, in May. Disposable personal income (DPI) decreased $114.7 billion, or 1.1 percent, in July, compared with a decrease of $208.0 billion, or 1.9 percent, in June and an increase of $595.9 billion, or 5.7 percent in May. Personal
consumption expenditures (PCE) increased $24.1 billion, or 0.2 percent, in July, compared with an increase of $65.5 billion, or 0.6 percent, in June. The pattern of changes in income reflects the pattern of payments associated with the Economic Stimulus Act of 2008 (see page 2)."