Europe Accounts for 62% of all FDI Employment in Florida

Enterprise Florida, Florida’s economic development agency, published its latest report on foreign-direct investment in Florida in January 2022. It states that “according to the Bureau of Economic Analysis, Florida ranked fifth (5^th) in the nation in 2019 in terms of foreign direct investment employment, and 1st in the Southeastern U.S. with a total of 366,100 jobs supported by majority foreign-owned companies.” Most notably, majority foreign-owned companies from Europe account for the largest share BY FAR at 62 percent of all FDI employment in Florida. That represents 227,600 jobs with the UK, Germany, France and Switzerland in the top 5, and Ireland, The Netherlands and Italy in the top 10.

With its network of pan-European chapters, EACC supports the transatlantic business relationship by opening up business opportunities across all of Europe for US companies & providing access to the US Market for companies from across Europe. EACC’s Florida Chapter was established in February 2020 to support EACC’s mission in Florida through seminars, panel discussions and roundtables to educate its members and the wider Florida business community on matters relevant to doing business on both sides of the Atlantic.

EFI’s latest numbers demonstrate the importance of European companies in supporting Florida’s economic development and the role that EACC plays for companies and executives active in the transatlantic corridor.

To read EFI’s report, click here.

To find out more about EACC Florida, contact Christina Sleszynska, Executive Director at EACC Florida at csleszynska@eaccfl.com or click here.