The US Bureau of Economic Analysis (BEA) reported that Expenditures by foreign direct investors to acquire, establish, or expand US businesses totaled $259.6 billion in 2017. Expenditures were down 32 percent from $379.7 billion in 2016.
Expenditures for new direct investments in manufacturing, at $103.7 billion, accounted for 40 percent of total expenditures, the largest share among major industries. There were also large expenditures in information businesses ($25.7 billion) and in real estate, rental, and leasing ($17.0 billion). Expenditures to establish new US businesses, and to expand existing foreign-owned US businesses, were $6.4 billion in 2017.
The largest investing country was Canada, with expenditures of $66.2 billion, followed by the United Kingdom ($40.9 billion), Japan ($34.0 billion), and France ($23.1 billion). By US state, the largest expenditures were in California ($41.6 billion), Texas ($39.7 billion), and Illinois ($26.0 billion).
In 2017, employment at foreign-owned companies in the United States was 554,300 employees. By industry, accommodation and food services accounted for the largest number of employees (255,100), followed by manufacturing (109,000) and administration services (55,500). France accounted for the largest number of employees (47,700), followed by the United Kingdom (42,100) and Canada (39,400).
HAYMAN-WOODWARD CORP is a holding group of a variety of companies, including business advisory, compliance, business development intelligence consulting, banking and wealth management, family office, aviation, foodservice and others. The group has more than twenty years experience in supporting companies and individuals in their challenges to build value across borders. We have a team of experts in many industry segments in 6 offices around the world, to fully assist our clients.
HAYMAN-WOODWARD’s global network of professionals, provide: Family Office Services, Tax Advisory, Technology Management, Business Development Outsourcing, Behavior Analysis & Profiling, and Business Consulting Services. With unparalleled experience across most industry segments since 1996, our team of skilled professionals has delivered valued services in over 100 countries, by assisting our clients in becoming high-performance and efficient entrepreneurs, businesses and government entities.
HAYMAN-WOODWARD focuses on managing our clients’ investment portfolios, tax advisories, as well as business development opportunities for clients worldwide, seamlessly bridging cultural gaps and ensuring clients’ continued success in the new market of their choice.
HAYMAN-WOODWARD’s clientele is made up of businesses of all different sizes, from small businesses enterprises to Fortune 1000 companies.
HAYMAN-WOODWARD’s team of professionals and management have a combined 50 years of experience in their fields, and are located in our offices in the United States of America, Asia, Europe and Latin America. The company offers a variety of services to help its customers achieve their maximum ROI and a clear path to profitability in several markets worldwide.