Baton Rouge


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IN Baton Rouge, LA

WHAT IS FDI?

1991

2011

These profiles analyze how the characteristics of foreign-owned establishments (FOEs) and the jobs within them vary across U.S. states and metro areas.

SHARE OF JOBS IN FOEs

US

1%

BATON ROUGE

0% 1991

By jobs in FOEs & establishments in 2011

2001

TOP FIVE INDUSTRIES

By jobs in FOEs (pct of total FOE jobs) in 2011

12

PRECISION INSTRUMENTS 2,100 (18.3%)

83

PESTICIDES & FERTILIZERS 1,900 (16.3%)

BASIC CHEMICALS 1,600 (13.7%)

MANUFACTURING PROFESSIONAL & TECH BUSINESS SUPPORT

WHOLESALE RETAIL REST

1,700

FDI also facilitates the spread of new knowledge, technologies, and ideas--flows critical to innovation and competitiveness in the global economy. But the magnitude and nature of FDI differ from place to place.

2%

600

Corporate R&D Goods Exports

RANK: 15

600

20.3%

Capital Investment

ESTABLISHMENTS

18.9%

Productivity Growth

JOBS IN FOEs

15.2%

4%

DISTRIBUTION OF ESTABLISHMENTS & JOBS ACROSS SECTORS

INDUSTRY

12.0%

5%

3%

700

Compensation

RANK: 54

900

6.7%

6%

72

Value Added

Share has declined and falls below the U.S.

7%

RANK: 73

13

6.3%

3.9% 5.9%

53

Employment

RANK: 75

7,000

5.0%

SHARE OF TOTAL PRIVATE EMPLOYMENT IN FOEs

SHARE OF TOTAL PRIVATE EMPLOYMENT IN FOEs

2011

FDI matters because the U.S. operations of foreign firms contribute inordinately to the economy. While acounting for only 5 percent of private sector employment, FDI accounts for:

11,430 12,450

1991

WHY DOES FDI MATTER?

A JOINT PROJECT OF BROOKINGS AND JPMORGAN CHASE

JOBS IN FOREIGN-OWNED ESTABLISHMENTS (FOEs)

OVERALL TREND

FDI occurs when a foreign company invests in a U.S. business enterprise either by opening a new operation or through a merger or acquisition. The foreign company must hold a majority stake in the U.S. operation for it to be considered "foreignowned."

40

FDI

INVESTIGATION & SECURITY 400 (3.3%)

COMPUTER SYSTEMS DESIGN 400 (3.1%)

NUMBER OF JOBS IN FOEs OPENING

2011

SHARE OF JOBS IN FOEs BY MODE OF ENTRY

NUMBER OF JOBS IN FOEs OPENING AFTER OR ACQUIRED SINCE 1991

FOEs that opened after 1991 accounted for the largest share of jobs in 2011

7

OPENINGS M&A

6

22%

37%

5

US

41% 32%

42%

THOUSANDS

MODE OF ENTRY

BATON ROUGE

By 2011 openings accounted for 4,700 jobs in FOEs while M&A accounted for 2,600

4

NOTES

3

2

26% M&A SINCE 1991

OPENINGS SINCE 1991

1 PRE-1991

1991

TOP FIVE SOURCE CITY-REGIONS

By jobs in FOEs (pct of total FOE jobs) in 2011

GLOBAL SOURCE

LONDON, ENGLAND 2,500 (22%)

TERMINOLOGY FDI: Foreign-direct investment Foreign-Owned Establishments (FOEs): Single places of business belonging to a foreign-parent company; e.g. a factory, warehouse, store, or office Openings: New physical place of business, includes new construction (greenfield) and new occupancy of existing space M&As: Mergers and acquisitions City-Region: Subnational administrative division such as a state, province, or prefecture, titled by its largest metro

2001

TOP FIVE SOURCE COUNTRIES

By jobs in FOEs (pct of total FOE jobs) in 2011 ENGLAND 3,000 (26.5%)

2011

● Metro profiles rank the largest 100 metropolitan areas by population ● State profiles rank across all states plus the District of Columbia ● All changes in reported jobs in foreignowned establishments include both net jobs created or lost plus transfers of existing jobs from US to foreign-ownership through M&As, thus it is possible for the number of jobs under foreign-ownership to increase without net job creation taking place ● The mode of entry of all establishments that arrived prior to 1991 is unknown, which is the first year in the database ● Methodological details of this database are described in an accompanying appendix available on the report website ● Data source: Brookings analysis of the National Establishment Time Series, Bureau of Economic Analysis Financial & Operating statistics, Dun & Bradstreet, and Moody's Analytics data

BASEL, SWITZERLAND 1,100 (10%)

SWITZERLAND 1,600 (14.4%)

KOBLENZ, GERMANY 800 (7%)

CANADA 1,500 (13.4%)

SASKATOON, CANADA 700 (6.4%)

GERMANY 1,300 (11.1%)

MORE INFORMATION REPORT: “FDI in U.S. Metro Areas: The Geography of Jobs in Foreign-Owned Establishments”

TOKYO, JAPAN 500 (4.7%)

JAPAN 500 (4.8%)

WEB: BROOKINGS.EDU/METROFDI TWITTER: #METROFDI