I attended the IEDC Federal Forum last week. Here is a list of interesting bits of information from the conference compiled by Louise Anderson and posted on the International Economic Development Council’s website:
- Number of job centers in the federal workforce system: 2,700
- Percent of U.S. businesses that export: 1
- Percent of the world’s consumers who live outside the U.S.: 95+%
- Percent of the world’s purchasing power located outside the U.S. 80%
- Percent of American workers employed by foreign-based businesses: 5%
- Cost of an average machine in a machining shop today: > $1 million
- Average wage of a nurse working in a hospital: $28/hour
- Average wage of a nurse working in long-term care: $14/hour
- Federal tax per gallon of gas (which funds highways, bridges and transit through the surface transportation program): 18.4 cents
- Year in which gas tax collections won’t meet highway and transit needs (due to long-term trends of fewer miles driven and more fuel-efficient vehicles): 2015
- Value of U.S. exports in 2012: $2.2 trillion
- Number of German companies in the U.S.: 3,500
- Number of jobs those companies provide: 600,000-700,000
- Percent of foreign investment in the U.S. they are responsible for: 9%
- Percent of FDI in the U.S. that comes from the European Union: 71%
- Percent from Latin America: 3%
- Percent of American exports derived from U.S.-based subsidiaries of foreign firms: 18%
- Number of workers employed by U.S. affiliates of foreign firms in 2010: 5.27 million
- Percent of Fortune 500 firms started by immigrants to the U.S. or their children: 40%
- Increase in EB-5 program applications in 2012 compared to 2007: Sevenfold
- Number of counties, boroughs and parishes in the U.S.: 3,069
