Foreign Direct Investment
According to Brookings:
Foreign-owned U.S. affiliates directly employ some 5.6 million workers spread across every sector of the economy.
FDI supports 5.5 percent of private employment in the average large metro area, with significant regional variation.
Jobs in FOEs are relatively concentrated in manufacturing and advanced industries; however they have become more services-oriented over time.
FDI contributes to and in some cases drives industry specialization in metro areas.
For the Youngstown-Warren MSA, this translates to 7,640 jobs in foreign-owned establishments, almost 4% of private employment. These figures have grown since 1991, but still falls below the U.S. average.
*Figures are only available for the Youngstown-Warren MSA, not the entire 10-county region.
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