Oireachtas Joint and Select Committees

Wednesday, 1 May 2013

Joint Oireachtas Committee on Foreign Affairs and Trade

Trade Promotion: Discussion with American Chamber of Commerce Ireland (Resumed)

2:45 pm

Mr. Brian Cotter:

I might need to be steered in case I forget some of the questions posed.

On the numbers, we have only been recording them since three years ago when we first looked into the matter. We do not look back to the early part of the decade. We are using one set of data, by and large, the data provided for us by the US Bureau of Economic and Business Affairs. We are comparing like with like. The bureau has figures for investment, trade and employment and we look at the same set of data it provides for companies in Ireland. The Government has a slightly different set of figures because it counts them differently. It counts employment mainly in companies that are agency supported in the United States, which is a slightly different figure. I believe 80,000 is the figure it gives using that metric.