U.S. Multinational Companies: Operations in 1996

摘要

The operations of U.S. multinational companies (MNC'S) continued to grow relatively rapidly in 1996: Worldwide gross product of U.S. parent companies and their majority-owned foreign affiliates (MOFA'S) increased 7 percent, employment increased 2 percent, and capital expenditures increased 5 percent. Gross product of both U.S. parents and their MOFA'S grew 7 percent in 1996. From 1989 to 1996, U.S.-MNC gross product was mainly accounted for by U.S. parents, but the share that was accounted for by MOFA'S edged up from 23 percent to 25 percent.