Wednesday, April 17, 2013

Multinational Companies: Employment, Sales, and Capital Expenditures for 2011

Worldwide employment by U.S. multinational companies (MNCs) increased 1.5 percent in 2011 to 34.5 million workers, with the increase primarily reflecting increases abroad. In the United States, employment by U.S. parent companies increased 0.1 percent to 22.9 million workers, compared with a 1.8 percent increase in total private-industry employment in the United States.2 The total employment by U.S. parents accounted for roughly one-fifth of total U.S. employment in private industries. Abroad, employment by majority-owned foreign affiliates of U.S. MNCs increased 4.4 percent to 11.7 million workers.

Worldwide capital expenditures by U.S. MNCs increased 16.7 percent in 2011 to $706 billion. Capital expenditures in the United States by U.S. parent companies increased 17.1 percent to $514 billion. Capital expenditures abroad by their majority-owned foreign affiliates increased 15.4 percent to $192 billion. As shown in table 1, capital expenditures have varied widely in recent years.

Sales by U.S. parent companies increased 9.4 percent in 2011 to $10,696 billion. Sales by their majority-owned foreign affiliates increased 15.8 percent to $5,985 billion.3


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