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Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2017

Summary:
Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.4 million workers in the United States in 2017, a 2.8 percent increase from 7.2 million in 2016, according to statistics on MOUSA operations and finances released by the Bureau of Economic Analysis. MOUSAs accounted for 5.8 percent of total private-industry employment in the United States. Employment by MOUSAs was largest in manufacturing and in retail trade. MOUSAs with ultimate beneficial owners in the United Kingdom, Japan, and Germany were the largest contributors to total MOUSA employment. (See the Additional Information for definitions of  MOUSAs and other terminology used in this release.) Current-dollar value added of MOUSAs, a measure of their direct contribution to U.S. gross

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Majority-owned U.S. affiliates (MOUSAs) of foreign multinational enterprises (MNEs) employed 7.4 million workers in the United States in 2017, a 2.8 percent increase from 7.2 million in 2016, according to statistics on MOUSA operations and finances released by the Bureau of Economic Analysis.

MOUSAs accounted for 5.8 percent of total private-industry employment in the United States. Employment by MOUSAs was largest in manufacturing and in retail trade. MOUSAs with ultimate beneficial owners in the United Kingdom, Japan, and Germany were the largest contributors to total MOUSA employment. (See the Additional Information for definitions of  MOUSAs and other terminology used in this release.)

Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2017

Current-dollar value added of MOUSAs, a measure of their direct contribution to U.S. gross domestic product (GDP), increased 8.3 percent to $1.0 trillion. MOUSAs accounted for 6.9 percent of total U.S. business-sector GDP.   

Expenditures for property, plant, and equipment by MOUSAs increased 2.2 percent to $258.6 billion. MOUSAs accounted for 16.4 percent of total U.S. private business capital expenditures. Research and development (R&D) performed by MOUSAs increased 8.1 percent to $62.6 billion. MOUSAs accounted for 15.6 percent of total U.S. business R&D.

Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2017

By state, private-industry employment accounted for by MOUSAs was  highest in Kentucky (8.5 percent), South Carolina (8.3 percent), and New Jersey (8.1 percent). In all three states, MOUSAs in the manufacturing industry employed the most workers.

Additional statistics on the activities of U.S. affiliates of foreign multinationals including sales, balance sheet and income statement items, compensation of employees, trade, and more are available on BEA’s website. More industry, country, and state level detail are available on the website and will be highlighted in the December issue of the Survey of  Current Business. 

Updates to the statistics

Statistics for 2016 are revised to incorporate newly available and revised source data. Preliminary statistics for 2016 were released in November 2018 and highlighted in “Activities of U.S. Affiliates of Foreign Multinational Enterprises in  2016” in the December 2018 issue of the Survey of Current Business.

Updates to Statistics on 2016 Activities of U.S. Affiliates of Foreign Multinational Enterprises
Billions of dollars, except as noted

  Preliminary
estimate
Revised
estimate
Number of employees (thousands) 7,087.9 7,155.5
Value added 910.6 941.7
Expenditures for property, plant, and equipment 258.9 253.2
Research and development expenditures 60.1 57.9

Next release: November 13, 2020
Activities of U.S. Affiliates of Foreign Multinational Enterprises, 2018

Bureau of Economic Analysis
The BEA Advisory Committee advises the Director of BEA on matters related to the development and improvement of BEA’s national, regional, industry, and international economic accounts, especially in areas of new and rapidly growing economic activities arising from innovative and advancing technologies, and provides recommendations from the perspectives of the economics profession, business, and government.

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