Monday, April 30, 2007

U.S. MULTINATIONAL COMPANIES: EMPLOYMENT, SALES, & CAPITAL EXPENDITURES 2005


U.S. multinational companies (MNCs) employed 30.5 million workersworldwide in 2005, of which 21.5 million were employed in the United States by U.S. parent companies and 9.1 million were employed abroadby their majority-owned foreign affiliates.

The employment in theUnited States by U.S. parents accounted for almost one-fifth of totalU.S. employment in private industries. Worldwide capital expendituresby U.S. MNCs totaled $478.1 billion; capital expenditures in the UnitedStates by U.S. parents accounted for $340.8 billion and capitalexpenditures abroad by majority-owned foreign affiliates accountedfor $137.3 billion.

Sales by U.S. parent companies totaled $7,606.1billion, and those by majority-owned foreign affiliates totaled$3,761.9 billion.Majority-owned U.S. affiliates of foreign MNCs employed 5.1 millionworkers in 2005, accounting for 4.5 percent of total U.S. employmentin private industries.

Capital expenditures by these affiliatestotaled $120.9 billion and their sales totaled $2,507.6 billion.Worldwide employment by U.S. MNCs increased 1.8 percent in 2005,following a 2.2-percent increase in 2004. Employment in the UnitedStates by U.S. parent companies increased 1.1 percent, following a0.6-percent increase. Employment abroad by the majority-ownedforeign affiliates of U.S. MNCs increased 3.6 percent, following a6.1-percent increase. Employment in the United States bymajority-owned U.S. affiliates of foreign MNCs decreased 0.7 percentin 2005, following a 2.0-percent decrease in 2004.

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