Foreign investors shied away from the U.S. in 2001, as direct foreign investment fell by 60.4% from 2000, the Commerce Department said.
Foreign direct investment to buy or establish U.S. businesses dropped to $132.94 billion from the record $335.63 billion in 2000, Commerce said. It was the biggest annual drop in direct investment since 1991, when it declined 61.3% from 1990 levels.
