EUROPEAN INDUSTRY
Investments By U.S. (Special Crspdt. N2.P.A.) LONDON. January 14. The value of American direct investment in British manufacturing industries has grown by about four and a half times in 12 years. In 1950 it was £302 million; by 1962 it had risen to £1358 million. The average annual increase over the period was 13.4 per cent, but for the second half of the period it was 15.7 per cent. The figures quoted by the “Daily Telegraph,” are given in a report issued by Management Information. It says that the average profit of American manufacturing enterprises in Britain fell from 19 per cent in 1950 to 9 per cent in 1962. The average for the period was : 14.6 per cent. Britain’s share of American direct investment in the manufacturing industries of Western Europe fell from about 60 per cent in 1950 to 52 per cent in 1962. The Common Market’s share rose from 34 per cent to 43 per cent. About 60 per cent of investment during 1956-62 was in the form of net capital flow from America. During 1950-56 it consisted almost exclusively of undistributed subsidiary earnings, with net capital outflow in some years.
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Press, Volume CIII, Issue 30339, 15 January 1964, Page 10
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196EUROPEAN INDUSTRY Press, Volume CIII, Issue 30339, 15 January 1964, Page 10
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