America is First in the World for Investment — and Getting Stronger

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America is First in the World for Investment — and Getting Stronger


Category: Financial / Investment

Right now, Hankook Tire, a company whose executives met with President Obama in Korea earlier this year, is investing in a new facility in Tennessee that will employ 1,800 Americans. And Novozymes, a bioinnovations company based in Denmark, is investing millions of dollars in a job-creating North Carolina research center. At the same time, American companies are bringing jobs back to the US— like Ford which is committing to billions of dollars in new investment and more than 5,000 new US jobs in 2014 alone.

Why is this significant?

Because according to a survey released this week, America is leading the world in attracting investment. And we are keeping our foot on the accelerator.

A new AT Kearney survey of 300 global executives found that the United States is the top destination in the world for foreign direct investment. Last year, the US surged past Brazil, China, and India to retake the top spot for the first time since 2001. And this year, the United States extended its lead with one of the highest confidence scores on record for any country and was ranked first by respondents from every geography and by every industry. It is clear that the improvements over the past two years have been profound and the US continues to show greater positive momentum than any other country.

Source: US Secretary of Commerce Penny Pritzker

Published: June 6, 2014