International investment has long served as an engine for economic growth that fuels U.S. manufacturing, innovation, trade, and overall job creation. U.S. subsidiaries of international companies employ 5.6 million American workers, account for 17 percent of the country’s manufacturing workforce, produce 18 percent of all U.S. goods exported, and fund more than $41 billion or 14 percent of annual research and development activities. These companies also support a diverse supplier network throughout the country, purchasing goods and services worth hundreds of billions of dollars every year that help to sustain thousands of small and medium-sized American companies.
Global companies today have an unparalleled variety of options in choosing where to invest. OFII strives to educate policymakers about the importance of foreign direct investment (FDI) to the U.S. economy and advance policies that will make the U.S. the most attractive location for global companies to invest and grow.
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