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Foreign Direct Investment in the United States. Transactions

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Digitized for FRASER<br />

Federal Reserve Bank of St.Louis<br />

-17-<br />

INVESTMENT BY INDUSTRY<br />

The manufactur<strong>in</strong>g sector cont<strong>in</strong>ued to dom<strong>in</strong>ate <strong>the</strong> number of foreign direct<br />

<strong>in</strong>vestment transactions and aggregate values, as it has done <strong>in</strong> past years. In<br />

1990, <strong>the</strong>re were 430 transactions with 214 identified values that totaled $25.5<br />

billion. With<strong>in</strong> <strong>the</strong> manufactur<strong>in</strong>g sector, chemicals and allied products had<br />

<strong>the</strong> most <strong>in</strong>vestments by a large marg<strong>in</strong>, followed by stone, clay, and glass<br />

products, and rubber and miscellaneous plastics products.<br />

The services sector aga<strong>in</strong> was <strong>the</strong> second most attractive area to foreign<br />

<strong>in</strong>vestors; <strong>the</strong>re were 119 transactions with 72 identified values that totaled<br />

$14.0 billion. The real estate <strong>in</strong>dustry (<strong>in</strong>clud<strong>in</strong>g hotels) also attracted a large<br />

number of foreign <strong>in</strong>vestors. There were 147 transactions with 115 available<br />

values that totaled $7.0 billion.<br />

Figure 3 shows <strong>the</strong> pr<strong>in</strong>cipal <strong>in</strong>dustry sectors by numbers of transactions.<br />

Table IV shows <strong>the</strong> <strong>in</strong>vestment activity <strong>in</strong> each Standard Industrial<br />

Classification (SIC) sector.<br />

Table V highlights <strong>the</strong> trend <strong>in</strong> completed cases by pr<strong>in</strong>cipal source country<br />

<strong>in</strong> each SIC sector for <strong>the</strong> year.<br />

Real Property 109<br />

Figure 3<br />

NUMBER OF INVESTMENTS BY INDUSTRY<br />

1990<br />

Services V<br />

W holsim w —<br />

Total 1018 =* 100%<br />

Manufactur<strong>in</strong>g 430<br />

Retail Trade 94<br />

O<strong>the</strong>r<br />

Industries 186

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