NEW YORK FDI LEADS THE WAY: IFCs

摘要

While official data shows a recovery in US consumers' confidence, international investors have been less enthusiastic about its financial centres. The ranking of North American hubs by inward foreign direct investment (FDI) is largely dominated by US cities - Toronto is the only Canadian centre to appear in the latest table. But rather than rising with the generally more optimistic view on the US, international capital expenditure in the region's leading hubs has diminished slightly over the past year. New York, the US's most attractive centre, has gathered a total of $289.6m in the 12 months to the end of September, against $328.6m during the previous period, according to estimates by data provider fDi Intelligence. Furthermore, the country's top three hubs received a total of $688.8m against the previous $720.2m. Toronto's $95.5m scored fifth place in the latest ranking, while this figure would not have made the cut a year earlier.