A recent Inbound Investment Survey conducted by the Organization for International Investment (OFII) offers a unique perspective on U.S. competitiveness that is particularly relevant to U.S. economic development organizations. The survey communicates how 60 chief financial officers (CFOs) of U.S. subsidiaries of foreign-based companies view the U.S. investment landscape— we hope these key insights will aid in creating a targeted FDI strategy.
3 Main Takeaways from the Inbound Investment Survey:
- 40% of CFOs say the “U.S. business climate for foreign-based companies” is “getting worse.” More than half of CFOs in the manufacturing sector hold this view. This percentage has more than doubled since 2014, when 17% of CFOs viewed the U.S. business climate as getting worse for foreign-based companies.
- Only 35% of CFOs expect their company’s U.S. employment level will increase in the next six months. These expectations are lower than those from 2014, when 51% of CFOs planned to increase employment.
- 77% of CFOS either “strongly agree” or “somewhat agree” that trade agreements such as NAFTA make America more attractive for inbound investment. That percentage climbs to 81% with inbound manufacturing CFOs.
The full survey findings are available HERE.