International companies are establishing, broadening, and deepening their commercial relationships in the United States and are deeply committed to their U.S. operations.
The data suggest that international companies (especially in the manufacturing sector) are investing heavily—and at a much higher rate of increase than are domestic companies—in growing their domestic supplier relationships.
Between 2001 and 2015, international companies:
- Increased the amount of business they do with domestic suppliers of intermediate goods from $1.5 trillion to $2.4 trillion, or by 28.8 percent in real terms.
- Increased the capital intensity (or PPE per worker) from $177 billion to $325 billion, or by 41.3 percent in real terms.
In fact, over that same period, international companies in the U.S. manufacturing sector increased the amount of business they do with U.S. suppliers, including small businesses, from $478 billion to $1.0 trillion, or by 68.4 percent in real terms (see Figure 4).
International companies form a critical part of America’s economic bedrock—providing a stable foundation of excellence that strengthens our economy and supports our workforce.