Dataset

The Statistical Abstract files are distributed by the US Census Department as Microsoft Excel files. These files have data mixed with notes and references, multiple tables per sheet, and, worst of all, the table headers are not easily matched to their rows and columns.

A few files had extraneous characters in the title. These were corrected to be consistent. A few files have a sheet of crufty gibberish in the first slot. The sheet order was shuffled but no data were changed.

The tables that were changed (this is table 771):

0166 0257 0362 0429 0445 0446 0459 0461 0462 0464 0465 0466 0467
0469 0479 0480 0481 0482 0483 0484 0485 0486 0487 0559 0628 0629
1144 1227 1231

This dataset consists of a table of 73 rows and 1 columns.

Value added and capital expenditures in billions of dollars; employees in thousands. Consists of non-bank U.S. parent companies and their non-bank foreign affiliates. U.S. parent compromises the domestic operations of a multinational and is a U.S. person that owns or controls directly or indirectly, 10 percent or more of the voting securities of an incorporated foreign business enterprise, or an equivalent interest in an unincorporated foreign business enterprise. A U.S. person can be an incorporated business enterprise. A foreign affiliate is a foreign business enterprise owned or controlled by a U.S. parent company. A majority-owned foreign affiliate (MOFA) is a foreign business enterprise in which a U.S. parent company owns or controls more than 50% of the voting securities. Minus sign (-) indicates decrease

Footnotes

1. Beginning with the revised 1999 benchmark
   estimates the source has expanded its estimates
   of the operations of U.S. multinational corporations in order to provide
   fuller coverage of the multinational corporation universe. In the past,
   the source data excluded estimates for very small foreign affiliates
   and for parents that had only very small foreign
   affiliates. Estimates for very small foreign affiliates
   were excluded because only very limited information
   was reported for them, and their inclusion would not
   have had a material impact on the aggregate direct investment
   estimates, in terms of value. Estimates for
   parents of only very small affiliates were excluded to
   maintain consistency between the parent and affiliate
   estimates. Estimates for these formerly excluded parents
   and affiliates are now included in the multinational corporation operations
   data in order to eliminate the small downward
   bias attributable to these exclusions.
   For very small affiliates, a few data items were required
   to be reported on a supplement to the 1999
   benchmark survey forms. In the revised benchmark es-
   timates for 1999 presented here, these data items were
   included in the published totals and were also used as
   the basis to estimate other items covered by the survey.
   In the 2000 annual estimates, the 1999 data were extrapolated
   based on the movement in the data for
   somewhat larger affiliates.
   The impact of the inclusion of the new estimates for
   very small affiliates on the published aggregate estimates
   is less significant for foreign affiliates than it is
   for U.S. parents. Overall, the values for very small affiliates
   are generally negligible, although they may be significant
   for a few data items or for a few individual
   host countries (particularly those that are less developed).
   For example, in 1999, very small majority-owned foreign affiiates accounted
   for 0.5 percent of the assets, 1.0 percent of the
   value added, 3.2 percent of the employment, and less
   than 0.1 percent of the capital expenditures of all
   majority-owned foreign affiiates. In India, the employment of very small affiliates
   accounted for a substantially larger share9.8
   percentof the employment of all majority-owned foreign affiiates in 1999.
   The values for parents of only very small affiliates,
   however, are more significant. Parents of only very
   small affiliates accounted for 1.6 percent of the assets,
   3.8 percent of the value added, 6.1 percent of the employment,
   and 2.7 percent of the capital expenditures
   of all nonbank U.S. parent companies in 1999. Thus,
   the addition of data for parents of only very small affiliates
   does affect the comparability of the 1999 and
   2000 data with data for earlier years for some data
   items for U.S. parents and for U.S. multinational corporations overall.