New State Data Show Importance of International Companies

January 16, 2019

Steel Mfg Worker

WASHINGTON – Nancy McLernon, president and CEO of the Organization for International Investment (OFII), issued the following statement in releasing the organization’s new state-by-state data analysis, detailing the impact of international companies to the U.S. economy:

“International companies operating in the United States are a good measure of U.S. competitiveness. Today, 7.1 million U.S. workers are employed by international companies, earning an average of $81,000 in wages and benefits annually – 26 percent more than the private-sector average. What is even more interesting, however, is that international companies have created 62 percent of all new U.S. manufacturing jobs over the past five years, underscoring the importance of international companies to America’s economic well-being. In fact, international companies operating in states like Florida, Iowa, Michigan, North Carolina and Ohio have grown their manufacturing workforce by more than 20 percent over that period. As these government data show, international companies help diversify America’s economy, making it more resilient to downturns.” 

Here is a national one-pager.  Full state-by-state foreign direct investment (FDI) data are available at OFII’s website: It is a compilation of data released by the U.S. Bureau of Economic Analysis late last year. Below are a few key findings from this year’s release.