The United States has a poor track record of attracting global investors, with foreign investments to new facilities having fallen sharply over the past few decades.
The value of greenfield foreign direct investments (FDI) relative to the size of the U.S. economy has dropped by 96 percent since the 1990s, according to a recent analysis from the Information Technology and Innovation Foundation (ITIF), a technology think tank. Greenfield FDIs are foreign investments in newly constructed or expanded facilities.
While foreign investment in the United States has rebounded in 2021, the situation is not as bright as it looks, according to Ian Clay, research assistant at the ITIF….