When international companies invest in America, they cast a vote of confidence in our workforce and economy. Foreign direct investment (FDI) strengthens the U.S. economy and makes it more resilient by fueling innovation, bolstering America’s manufacturing sector, exporting American-made goods and creating millions of high-quality, good-paying jobs. To learn more about how international companies are contributing to the U.S. economy and the communities in which they operate, visit GlobalBusiness.org/In-Your-State.
Across America, international companies are a cornerstone for strengthening local communities and revitalizing the U.S. economy. International companies provide 8.7 million high-quality jobs, increasing employment rates and average wages across the country. In fact, from 2018 to 2023, America’s FDI employment rose 10.2 percent, while the country’s overall private-sector employment rose only two percent. Five states, in particular, have excelled at attracting international investment and creating new jobs in America. The top five states with the fastest FDI job growth from 2018 to 20223 are:
1. Delaware comes in first with a 46.1 percent FDI employment growth rate. Job growth in Delaware is more than three times the national rate.
2. Nevada is ranked second, with its FDI employment rate increasing by 32 percent.
3. Arkansas ranks third in the country’s fastest-growing FDI employment rate, with a 27.8 percent increase over this five-year span.
4. Montana and Florida come in fourth place with a 25 percent FDI employment growth rate.