Capital Expenditures by U.S. MNCs Totaled $438.2 billion in 2004

U.S. multinational companies (MNCs) employed 29.6 million workers worldwide in 2004, of which 21.3 million were employed in the United States by U.S. parent companies, according to the US Department of Commerce report "Summary Estimates for Multinational Companies: Employment, Sales, and Capital Expenditures for 2004" released today. Sales by U.S. parent companies totaled $6,866.1 billion, and those by majority-owned foreign affiliates totaled $3,282.5 billion.

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