The U.S. invests in the United Nations to achieve its foreign policy goals, but the return on investment goes beyond advancing global peace and security — we also see a tangible economic benefit here at home.
Nationwide Economic Impact of the UN
Research released in August 2018 found that American companies were awarded $1.74 billion in contracts with the United Nations in 2017, by far the most of any country around the world. Since 2010, U.S. companies have received over $9.5 billion in procurement contracts with the UN.
The businesses provide a range of goods and services, including telecommunications, financial services, construction, food production, and production of armored vehicles.
Eighty-Four Senators and 239 members of the House of Representatives have companies headquartered in their district or state that are directly benefiting from doing business with the UN. The top five states benefiting from contracts with the UN include New York, New Jersey, California, Maryland and Washington D.C.
Income generated by American companies with contracts with the UN by state:
A sampling of contracts across the U.S.:
– Peter Yeo, President of the Better World Campaign
NYC Economic Impact Report
An economic impact report conducted by the NYC Mayor’s Office for International Affairs in found that the UN boosts the NYC economy by $3.69 billion each year.
That’s equivalent to hosting more than 7 pro football championships in one year. Factor in $1.5 billion in three years for contracts with companies in 25 states and it’s clear that the UN supports local business, entrepreneurs and workers right here at home.