54191. Foreign Direct Investment in the United States: New Investment in 1998
- Author:
- Mahnaz Fahim-Nader
- Publication Date:
- 06-1999
- Content Type:
- Policy Brief
- Institution:
- U.S. Economic Statistics Briefing Room
- Abstract:
- Last year,outlays by foreign direct investors to acquire or establish businesses in the United States surged to $201.0 billion, 2 1/2 times the previous record of $79.9 billion set in 1996 and almost triple the 1997 level of $69.7 billion ( table 1 and chart 1). The 1998 outlays were boosted by two exceptionally large acquisitions, each of which significantly exceeded the size of any previous single investment. However, even without these two investments, outlays were still about 40 percent higher than those in 1996.
- Topic:
- Economics and International Trade and Finance
- Political Geography:
- United States