Once fully implemented, the study shows that TTIP and TPP will increase the stock of Foreign Direct Investment (FDI) in the U.S. economy by an estimated $173 billion, with more than one-third of that investment occurring in the manufacturing sector. It also finds that the employment contribution of insourcing companies will increase by more than 1.4 million U.S. workers. Every state would experience positive job contributions, with most experiencing an increase of more than 10,000 new jobs from global investment.
Given that employees associated with insourcing companies earn significantly higher wages than the economy-wide average, policymakers now have 1.4 million new reasons to support TPA legislation and the trade agreements it will facilitate.
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