US investment in Ireland grows by 9%

US investment into Ireland amounted to $30.5 billion (€23.6bn) last year, marking a 9% increase on 2010 and the second highest annual level on record.

US investment in Ireland grows by 9%

The figure is one of the headline findings from a new report commissioned by the American Chamber of Commerce Ireland into the economic relationship between the two countries, due to be launched this morning by Jobs, Enterprise and Innovation Minister, Richard Bruton.

Written by Wall Street economist and strategist, Joseph P Quinlan The Irish-US Economic Relationship, 2012 study estimates the economic output of US multinationals in Ireland to be $57.5bn, representing 26.5% of Ireland’s GDP.

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