Press Release
☷U S Remains World s Top Destination for Foreign Direct Investment for 12th Consecutive Year
U.S. Department of Commerce ( By Press Release office)
Apr 05,2024
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The United States has once again claimed the top spot as the most popular destination for foreign direct investment , according to Kearney’s Global Business Policy Council’s 2024 Foreign Direct Investment ( FDI ) Confidence Index . This is the 12th consecutive year that the US has held this position . The survey , which involves global senior executives and investors , revealed that the US remains at the forefront due to its strong economy and improving consumer sentiment . Foreign investors were particularly impressed by the higher - than - expected GDP growth in 2023 , which was driven by increased consumer and government spending , as well as robust export levels . The US ' s ranking also highlights its leadership in technological innovation , which is a key focus for investors and the Biden - Harris Administration ' s economic agenda . U . S . Secretary of Commerce Gina Raimondo expressed her satisfaction with the ranking , stating that it reflects the Department of Commerce ' s commitment to enhancing economic competitiveness and creating well - paying jobs for American families . The US ' s success in the FDI Confidence Index can be attributed to the efforts of the U . S . Department of Commerce ' s SelectUSA program , which facilitates business investment in the country and emphasizes the importance of economic development . Since its establishment , SelectUSA has helped secure over $200 billion in verified FDI and has supported the creation of more than 200 , 000 jobs across the US . To further attract foreign direct investment , Secretary of Commerce Gina Raimondo will be hosting the 2024 SelectUSA Investment Summit in June . This summit provides a platform for investors from around the world to interact and explore investment opportunities in the US . For more information about the summit , visit www . selectusasummit . us . Economic development organizations can compete globally for investment by providing information , a platform for international marketing , and advocating for the United States as an investment destination . SelectUSA also helps foreign companies find the information they need to make decisions , connect with local contacts , navigate the federal regulatory system , and find solutions to issues related to the federal government . For more information , check out www . trade . gov/selectusa . The International Trade Administration ( ITA ) at the U . S . Department of Commerce is the go - to resource for American companies competing in the global marketplace . With locations across the U . S . and in markets worldwide , ITA promotes trade and investment , supports U . S . businesses to export and grow globally , and ensures fair trade by enforcing U . S . trade laws and agreements . Learn more about ITA at www . trade . gov .
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