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
Our research has found that U.S. businesses generated more than $1.5 billion in contracts with the United Nations between 2014 and 2016. The businesses provide a range of goods and services, including telecommunications, financial services, construction, food production, and production of armored vehicles.
In 2016, 118 American companies across 25 states had more than 225 contracts with the UN, totaling almost $539 million.
The value of contracts with the UN totaled $450 million in 2015 and $555.5 million in 2014.
Some of the largest contracts in 2016 include:
– Peter Yeo, President of the Better World Campaign
NYC Economic Impact Report
A new economic impact report conducted by the NYC Mayor’s Office for International Affairs 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.