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On October 31, 2013, the Obama administration launched a new initiative, known as Select USA, to attract more foreign direct investment to the United States. According to the Administration, the aim of the program is to make attracting foreign investment as important a component of U.S. foreign policy as promoting exports. As a result, the President reportedly instructed Commerce and State Department officials to make attracting foreign investment one of their "core priorities." In addition, the program has designated global teams led by U.S. ambassadors in 32 key countries to encourage foreign investment into the United States, and has established a "coordinated process" to connect prospective investors with senior U.S. officials. The initiative (selectusa.commerce.gov) offers a number of tools for foreign investors looking to invest in the United States, including a list of various state and federal programs that may be available to foreign investors.
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Foreign direct investment in the United States in 2014 fell sharply below the amount invested in 2013, reflecting a number of events including significant buybacks of stocks by firms. Globally, foreign direct investment inflows increased by 9% in 2013 to reach $1.4 trillion. While this is a positive sign, global foreign direct investment flows have not recovered from their pre-financial crisis levels: global direct investment inflows in 2007 were recorded at $2.0 trillion. Most regions experienced an increase in foreign direct investment inflows, although economies in transition experienced an increase in direct investment inflows in 2013 of about 28%. As the rate of growth of the U.S. economy improves relative to other advanced economies, interest rates stay low, and the rate of price inflation stays in check, foreign direct investment in the United States likely will increase. First quarter 2015 data indicate that foreign direct investment in the U.S. economy increased by more than two and a half times, possibly indicating that foreign direct investment in the United States will post a substantial gain for 2015 over the amount invested in 2014. 041b061a72