Activities of U.S. Multinational Enterprises in the United States and Abroad: Preliminary Results From the 2014 Benchmark Survey

摘要

Preliminary results from the 2014 Benchmark Survey of U.S. Direct Investment Abroad by the Bureau of Economic Analysis (BEA) indicate that the share of production of U.S. multinational enterprises (MNEs) accounted for by U.S. parents increased to 71.9 percent (with the remaining 28.1 percent accounted for by their foreign affiliates) from 69.4 percent in the previous benchmark survey (2009). This was the first benchmark-to-benchmark increase in the U.S. parent share of production, as measured by value-added, since 1994-1999. In contrast to the parent share of value added, the U.S. parent share of U.S. MNE employment decreased to 65.8 percent in 2014 from 68.0 percent in 2009 (tables A1 and A2). These different patterns partly reflect the high labor productivity of U.S. parents, compared with their foreign affiliates.