Research and analysis

TTIP and the Fifty States: Jobs and Growth from Coast to Coast

Reports on the proposed Transatlantic Trade and Investment Partnership and its potential impact on the 50 states, US congressional districts and 14 key sectors.

Documents

TTIP and the Fifty States: Jobs and Growth from Coast to Coast

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TTIP in US congressional districts

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TTIP and the Non-Auto Transportation Sector

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TTIP and the US Business Services Sector

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TTIP and the US Chemical Sector

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TTIP and the US Electrical Machinery Sector

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TTIP and the US Financial Services Sector

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TTIP and the US Insurance Sector

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TTIP and the US Machinery Sector

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TTIP and the US Metals Sector

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TTIP and the US Communications Sector

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TTIP and the US Motor Vehicles Sector

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TTIP and the US Personal Services Sector

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TTIP and the US Processed Foods Sector

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TTIP and the US Transportation Services Sector

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TTIP and the US Misc Manufactured Goods Sector

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Detail

On 24 September 2013, the Atlantic Council, the Bertelsmann Foundation and the British Embassy in Washington announced the findings to a landmark study on the potential benefits of the Transatlantic Trade and Investment Partnership (TTIP) to each of the 50 states.

Key estimated benefits derived from Study:

  • TTIP could create more than 740,000 jobs across the United States – one new job generated for every 160 in existence

  • all states gain jobs

  • all states increase their exports to the EU, the average increase is 37% per state

  • all sectors benefit from increased exports

On 10 March 2014, the partners announced additional findings to the study based on the potential economic impact of TTIP on key industrial sectors. These sectors include business services, personal services, machinery, motor vehicles, metals, chemicals, processed foods and transportation services.

Key estimated benefits derived from the study:

  • the motor-vehicle industry could experience the largest growth in exports, up to 650 percent

  • the metals and processed-foods sectors could more than double their exports, with growth of more than 125 and 102 percent, respectively

  • chemicals, non-automotive transportation services, machinery, electrical machinery, communications services and insurance services could also see considerable export growth

On 20 August 2015, the partners announced additional findings to the study based on the potential economic impact of TTIP on US congressional districts. The study finds that there are positive and significant overall gains for both the US and EU from an ambitious agreement. And this study estimates positive net gains for every single US congressional District.