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Foreign investment in US drops 32% in 2017
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| Contributor | RP |
| Last Edited | RP Jul 12, 2018 06:56am |
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| Category | Report |
| Author | Niv Elis |
| News Date | Wednesday, July 11, 2018 11:10:00 PM UTC0:0 |
| Description | Foreign direct investment in the United States dropped 32 percent, or $120 billion, in 2017 as compared to the year before, according to new figures.
After a two-year spike in foreign investment, the Bureau of Economic Analysis found that the rate last year dropped to levels similar to 2014 and the years before the financial crisis.
The largest investments in the U.S. came from a handful of countries, with its northern neighbor Canada topping the list at $66.2 billion of investment, followed by the United Kingdom, Japan and France. |
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