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.
source: Brookings.edu -- maplink
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.
Click on map for larger view.