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U.S. multinational companies: operations of U.S. parents and their foreign affiliates in 2010

The operations of US multinational companies (MNC) grew in 2010, reflecting continued growth in their operations abroad and renewed growth in their operations in the US. The worldwide current-dollar value added of US MNCs -- the combined value added of US parent companies and their majority-owned fo...

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Bibliographic Details
Published in:Survey of Current Business 2012-11, Vol.92 (11), p.51
Main Author: Barefoot, Kevin B
Format: Article
Language:English
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Online Access:Get full text
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Summary:The operations of US multinational companies (MNC) grew in 2010, reflecting continued growth in their operations abroad and renewed growth in their operations in the US. The worldwide current-dollar value added of US MNCs -- the combined value added of US parent companies and their majority-owned foreign affiliates (MOFA) -- increased 10.3% in 2010. This article presents preliminary results from the 2010 Annual Survey of US Direct Investment Abroad conducted by the Bureau of Economic Analysis (BEA). This survey covers the worldwide operations of US MNCs in all industries. A longstanding purpose of this survey is to collect data that can be used to evaluate the consequences to the economies of the US and foreign host countries of the actions of US MNCs. MNCs in this article generally focuses on data for MOFAs rather than on data for all foreign affiliates. In addition, some of the data necessary for the analysis in this article are collected only for MOFAs.
ISSN:0039-6222
1937-4534