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Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2023
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Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2023

bea.gov·bea.gov·5 months ago
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Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.66 million workers in the United States in 2023, a 1.9 percent increase from 8.5 million workers in 2022, according to statistics on U.S. affiliate operations and finances released today by the U.S. Bureau of Economic Analysis. Majority-owned U.S. affiliates accounted for 6.2 percent of total private-industry employment in the United States in 2023, down from 6.3 percent in 2022. Current-dollar value added of majority-owned U.S. affiliates , a measure of their direct contribution to U.S. gross domestic product, increased 6.3 percent to $1.47 trillion in 2023. Expenditures for property, plant, and equipment by majority-owned U.S. affiliates increased 6.3 percent to $322.7 billion. Research and development performed by majority-owned U.S. affiliates increased 1.1 percent to $87.8 billion. Additional statistics on the activities of U.S.…

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