PERFORMANCE OF U.S. OPERATIONS IN BRITAIN.

The article focuses on the performances of the U.S. industries in Great Britain. The value of U.S. overseas investments has grown rapidly in recent years. Great Britain is one of the major areas of U.S. investment. Evidence points to U.S. firms in Great Britain having higher labor productivity than their British competitors. It is probably not an exaggeration to say that Britain's engine of industry growth has been sputtering throughout most of this century. Numerous analysts have sought to explain the factors causing her relative decline. Whatever the underlying problems might be, most critics recognize the potential for improved industrial performance inherent in the flood of American direct investments pouring into Great Britain in the last decade or so. Nonetheless the stimulating effect of a wave of American direct investments could provide incalculable benefits to the British economy, which badly needs a shot in the arm.