AmCham’s 2026 US–Ireland Business Report, “A Partnership that Delivers: Supporting the Next Generation of Transatlantic Business” highlights the strength and continued evolution of the economic relationship between Ireland and the United States.
The report tells the story of one of the most dynamic and deeply embedded economic partnerships in the world – a two-way investment relationship that supports jobs, innovation and prosperity on both sides of the Atlantic. Today, American companies employ approximately 245,000 people in Ireland, while Irish companies employ over 200,000 people across all 50 US states. Ireland is now the fifth largest source of foreign direct investment into the United States, with Irish companies having invested $390 billion in the US economy.
Companies operating across the US–Ireland corridor continue to invest in high-value sectors including advanced manufacturing, life sciences, digital technologies and artificial intelligence, strengthening research capability and supporting the development of world-class talent.
95 percent of US multinationals operating in Ireland say they would choose Ireland again if making their first European investment decision today, according to the latest AmCham FDI Insights survey.
68 percent of respondents reported greater capability in digital and A.I. skills in their Iirsh operations over the last five years.
85 percent of respondents said that they increased or maintained the number of employees in their Irish operations over the last year, with 88 percent predicting similar trends for the coming year.
As the EU prepares its next major phase of research and innovation funding, decisions taken now will shape where global innovation happens for the next decade.
AmCham Ireland’s new white paper, Driving Innovation: The Potential of Horizon Europe, sets out why reducing barriers to EU research funding and keeping collaboration open to trusted international partners will be critical to Ireland’s and Europe’s competitiveness.
The paper highlights:
• growing restrictions on participation under Horizon Europe
• the impact on key sectors such as digital, cybersecurity and advanced manufacturing
• the importance of multinational–academic collaboration in turning research into jobs, investment and industrial scale
• practical recommendations to ensure Ireland is ready to maximise the opportunity of the next Horizon Europe programme (FP10)
With €175bn in EU research and innovation funding planned from 2028 to 2034, this is a pivotal moment for policymakers, industry and the research community.
An AmCham survey of US multinational members conducted in the last week found that the US multinationals community continues to view Ireland as an important location for strategic investment and optimism remains high for the future of their businesses in Ireland.
Employment in US multinationals operating in Ireland increased by almost 35,000 on this time last year, and now stands at 245,000 (211,000 in November 2024). Since 2023, Ireland has also moved from the 7th to 5th largest FDI investor into the US, demonstrating the two-way nature of the business relationship.
Over 4 out of 5 member companies said their corporate headquarters continues to have a positive view of Ireland as an investment or growth location based on their company’s experience in Ireland in the last year.
When asked about the top challenges facing their businesses, 33% said housing is the greatest challenge for Ireland to overcome in order for their company to invest and expand in Ireland. 18% said cost competitiveness is the number one challenge, and 16% cited enhancing R&D tax incentives.
It is vital for Ireland’s continued growth and competitiveness that companies based in Ireland have access to the best international talent. Current delays in the Irish migration system, driven by complexity of processes, are resulting in assignments being cancelled, key project deadlines being missed, and companies choosing to expand operations in other jurisdictions rather than in Ireland, thereby undermining the positive progress made in other streamlined areas of the migration system. It is important to address these issues to protect Ireland’s position as the destination of choice for FDI and growth.
AmCham has today launched its Budget 2026 submission: Ireland 2026: Bridging Economies, Leading Change – Pioneering Prosperity in the Transatlantic Relationship. The recommendations within this submission focus on six key priorities that are essential to enhancing Ireland’s overall competitiveness for business and talent:
Over 90 percent of AmCham members plan to increase or maintain employee numbers over the next 12 months, according to the latest AmCham FDI Insights survey.
The survey found that 60 percent of respondents plan to increase the employee headcount at their Irish operations over the next 12 months, while a further 32.5 percent said they will maintain their current employee numbers.
9 in 10 survey respondents also say their corporate headquarters have a positive view of Ireland as an investment location, and 68 percent said their corporate headquarters already have plans to invest in Ireland over the next 5 years.
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:
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