When companies based abroad invest in the United States and create jobs for Americans.
State Insourcing Jobs:
Private Sector Workforce Employed by FDI:
U.S. subsidiaries of global companies play a vital role in New York’s economy, insourcing 428,000 jobs; writing paychecks to 5.6 percent of New York’s private-sector workforce.
New York ranks 3rd in the nation in the total number of jobs at global investment companies.
More than 67,100 insourcing jobs are in the manufacturing sector.
New York ranks 13th in the nation in the number of manufacturing industry jobs at U.S. subsidiaries.
Nearly 1,530 insourcing companies have operations in New York.