Foreign Direct Investment in the United States. Transactions

Digitized for FRASER
Federal Reserve Bank of St.Louis
-37-
LOCATION OF INVESTMENT BY STATE
Foreign direct investments were identified in 44 states and the District of
Columbia during 1990 (Table VII). California and New York, the leading
states for the previous six years, remained in this position with 194 and 129
transactions, respectively. Other states that had substantial investment were
Texas (101 transactions), Florida (53), New Jersey (44), Hawaii (34), and
Ohio, and Pennsylvania (33 each). These eight states, with a total of 621
transactions, accounted for 61 percent of the investment transactions
identified in 1990 (Figure 4).
Figure 4
NUMBER OF INVESTMENTS BY STATE
1990
New York 129
Total 1018= 100%
A slightly different picture emerges based on dollar values. According to the
transaction values identified, California was the leading recipient with $20.2
billion, followed by New York ($5.3 billion), Pennsylvania ($4.0 billion), Texas
($3.5 billion), Massachusetts ($3.4 billion), Ohio ($2.7 billion), New Jersey
($2.5 billion), and Washington ($1.7 billion).