Keith Webster
President, Defense and Aerospace Council, U.S. Chamber of Commerce
President, Federal Acquisition Council, Cyber, Space and National Security Policy Division, U.S. Chamber of Commerce
Vice President, U.S. Chamber of Commerce
Published
July 22, 2021
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
The U.S. direct investment abroad position, or cumulative level of investment, increased $244.9 billion to $6.15 trillion at the end of 2020 from $5.91 trillion at the end of 2019, according to statistics released by the Bureau of Economic Analysis (BEA). The increase reflected a $158.8 billion increase in the position in Europe, primarily in the United Kingdom and the Netherlands. By industry, holding company affiliates owned by U.S. manufacturers had the largest increase.
The foreign direct investment in the United States position increased $187.2 billion to $4.63 trillion at the end of 2020 from $4.44 trillion at the end of 2019. The increase mainly reflected a $119.2 billion increase in the position from Europe, primarily Germany. By industry, affiliates in manufacturing, finance and insurance, and wholesale trade accounted for the majority of the increase.
The full text of the release on BEA's website can be found at: www.bea.gov/news/2021/direct-investment-country-and-industry-2020
About the authors
Keith Webster
Keith Webster, president of the U.S. Chamber of Commerce’s Defense and Aerospace Council, guides the focus of the council to strengthen the U.S. defense and aerospace industries by influencing domestic and international policy on behalf of its members.
