Activities of U.S Affiliates of Foreign Multinational Enterprises, 2022

Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.35 million workers in the United States in 2022, a 6.8 percent increase from 7.82 million workers in 2021, according to the U.S. Bureau of Economic Analysis. These affiliates accounted for 6.2 percent of total private-industry employment in the United States in 2022.

Highlights of majority-owned U.S. affiliate statistics in 2022:

• Current-dollar value added, a measure of their direct contribution to U.S. gross domestic product (GDP), increased 16.1 percent to $1.4 trillion. These affiliates accounted for 6.7 percent of total U.S. business-sector value added.
• Expenditures for property, plant, and equipment increased 3.8 percent to $299.1 billion. These affiliates accounted for 15.7 percent of total U.S. private business capital expenditures.
• Research and development (R&D) performed increased 3.5 percent to $80.3 billion. These affiliates accounted for 11.6 percent of total U.S. business R&D.
• By state, majority-owned U.S. affiliate employment was highest in California (852,300), Texas (695,600), and New York (546,500).

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