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Foreign firms ease US stakes

August 24, 1981

New York

Foreign companies announced 172 manufacturing investments in the United States during the first six months of 1981, the lowest figures for any six-month period since 1977, the Conference Board reported recently in its latest foreign investment survey.

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The reduced level of foreign manufacturing investment in the US continues a downward trend. Last year, such investments totaled 387 down sharply from 437 in 1979.