AmCham’s 2025 US-Ireland Business Report: ‘Succeeding Together: Driving Transatlantic Innovation and Trade’, tells the story of the resounding success and impact of the two-way US-Ireland business relationship. A success story that has resulted in job creation, in research and innovation, in the development of world-class talent and in the prosperity of both countries, with economic growth across both Ireland and the US continuing to outpace competitor jurisdictions.
This success is built off a two-way, mutually beneficial investment relationship, where Ireland is the 6th largest investor in the US and Irish companies now employ more than 118,000 people across all 50 US states. Meanwhile, there are more than 970 US companies employing 211,000 people across Ireland.
US companies operating in Ireland continue to hold a positive view of Ireland as a location for investment and growth, according to the latest AmCham FDI Insights survey of members conducted last week, which found that 9 in 10 respondents report their corporate headquarters holds a positive view of Ireland for investment. A further 80% of respondents also said they would continue to have a positive view of Ireland as an investment location if tariffs were imposed by the US on the EU.
Some 63% of members surveyed said a skilled and highly skilled talent pool is Ireland’s main competitive advantage which has led their company to invest and expand here. However, almost two-thirds (64%) also identified skills gaps in their organisation with digital and data (23%), engineering (21%) and machine learning and AI (19%) the main areas of concern.
AmCham launched it’s 2025 to 2027 strategy: Competing for the Future, in which it outlines the opportunity for Ireland - built on a pedigree of delivery and can-do attitude - to capture the next wave of growth and support existing investments to thrive. AmCham’s strategy 2025 to 2027 is built on five strategic pillars:
AmCham has published its latest FDI Insights survey which highlights Ireland as an important location for strategic investment. Some 48% of respondents to the AmCham FDI Insights Survey said they expect the number of employees in the Irish operations of their organisation to increase over the next 12 months, and a further 48% expects to maintain current employee numbers.
Nine in 10 members said their corporate headquarters continues to have a positive view of Ireland as an investment or growth location. Furthermore, some 35% of respondents said Ireland’s stable, pro-enterprise eco-system is the main reason for their organisation’s confidence in the Irish economy.
AmCham’s survey shows that cost competitiveness is now ranked as the number one issue by 32% of members looking to expand in Ireland, marking a significant increase on the 19% and 10% of members who reported this as a challenge in the same survey in July and March, respectively. Housing also continues to be a top concern for multinational employers, with 30% of members saying it is the biggest challenge to growth and expansion here.
AmCham, has launched its Budget 2025 submission ‘Ireland’s Competitive Edge: Driving Business and Supporting Communities’.
In our Budget submission, AmCham has put forward its recommendations to Government focused on delivering capacity for future growth, powering and skilling Ireland’s competitive edge, enhancing Ireland’s RD&I landscape, and strengthening Ireland’s attractiveness for digital.
AmCham has published its latest Quarterly FDI Insights Survey which highlights members’ current views on Ireland as a destination for growth and further investment.
The vast majority of members were optimistic about Ireland’s economic potential with 97% responding that Ireland is competitive when compared to other advanced global economies. Some 52% said the main reason for this was a highly educated and skilled talent pool.
Some 9 in 10 respondents said their corporate headquarters has a positive view of Ireland as an investment or growth location; however, 40% said housing is the most important challenge for Ireland to overcome for their company to invest and expand here. This was down from 49% in AmCham’s March survey. Some 19% said cost competitiveness was the most important challenge, while 12% said skills shortage was the number one challenge. These figures increased from 10% and 8% respectively since March of this year.
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