Vinai Thummalapally is the Executive Director of the SelectUSA Program.
This post originally appeared on the Department of Commerce blog.
This month, SelectUSA is really upping our game when it comes to online engagement around investment. We hope you’ll join the conversation on Twitter at #SelectUSA!
Our colleagues across the Commerce Department will be sharing their thoughts on how innovation, data and hard work contribute to job creation. We’re collaborating with our friends at the State Department’s Economic & Business Affairs Bureau, as well as with our Commerce and State colleagues throughout the United States and globally at our embassies and consulates.
But we’re not stopping with Commerce and State. We’re reaching out across the U.S. federal government through the Interagency Investment Working Group (IIWG), to more than twenty other agencies. (You can find all of our Commerce and IIWG twitter profiles here.)
This is a big conversation, but most importantly, we hope to be hearing from YOU.
We’re broadening the conversation at #SelectUSA to talk about how investment in the United States drives job creation and how we can work together to attract even more jobs.
Did you know that, as of 2011 (the most recent data available), U.S. subsidiaries of foreign companies employed more than 5.6 million workers and paid an average annual salary of $77,600? According to preliminary estimates from the Bureau of Economic Analysis, foreign direct investment (FDI) inflows totaled $187.5 billion in 2013, rising from $160.1 billion in 2012. The United States also recently took back the top spot in A.T. Kearney’s FDI Confidence Index.
What do these numbers mean to you? Are you an investor looking to expand your operations in the United States? Are you seeking to attract more investment to your town, city, county or state? How can SelectUSA assist you?
We offer services to U.S. and international investors, as well as to U.S. economic development organizations (EDOs.) If you need information on the U.S. investment climate, related federal resources, and the latest trends – we’re happy to help. Are you looking for the right contact at the state or local level? Could you use some assistance on the ground in more than 120 countries? Do you have a question or problem related to investment and federal rules or regulations? We’re here to help you get the answers you need.
Tell us what you think on Twitter by following us at @SelectUSA and using the hashtag #SelectUSA. What are your challenges? What are your successes? How is your company creating jobs by investing in the United States? How is your location attracting investors and jobs?
We look forward to hearing from you at #SelectUSA!