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Productivity

Metro Hartford Attractive To Foreign Firms

Greater Hartford has a higher concentration of jobs at foreign-owned firms than two-thirds of the nation's biggest urban areas, according to a study from Brookings Institution released Friday. Fairfield County has the highest proportion of jobs at foreign firms in the country — more than 13 percent. That matters because foreign direct investment tends to be concentrated in high-value fields — and as a result, foreign companies with operations in the United States are above average in research and development spending, productivity growth and employee compensation. The study's authors, however, note that recruiting foreign firms isn't a tool for job creation...

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