Foreign direct investment (FDI) continues to be a major engine of growth in our country. Over the past five years, employment by foreign companies has risen much faster than overall private sector employment in the Carolinas and in the U.S. at large. Today, the U.S. remains the number one destination for FDI in the world. And among the states, South Carolina has the second-largest percentage of its workforce supported by global investment, and North Carolina beats the national average.
Those are a few of the highlights that Research on Investment President Steven Jast shared during the sixth annual Global Carolina Connections Conference on August 22. This year’s conference took place in Charlotte and featured presentations by a variety of international business and economic development leaders, including from major manufacturers, state government, and financial services companies. Continue Reading