MY MARKET

THE REST OF THE US... • THE SOUTH

Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, New Mexico, Oklahoma, Tennessee, Texas Contributes more than 20 per cent of US GDP ($3.3tr); its economy equates in size to that of Germany. Texas imports more from the UK than any other state and is the leading destination for UK investment.

• GREATER WASHINGTON AND THE CAROLINAS

Delaware, District of Columbia, Maryland, North Carolina, South Carolina, Virginia, West Virginia The private sector employs 77 per cent of the region’s workforce based on the strength of ICT, life sciences, healthcare, defence and security, energy and professional services. There is a trend for major defence contractors to move their headquarters to the Greater Washington region.

• THE MID WEST

Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin

A diverse and dynamic geographic territory, with 25 per cent of the US’s population, representing 22 per cent of GDP. Nearly 150 Fortune 500 companies are headquartered in the region, covering every priority sector.

• THE NORTH-EASTERN SEABOARD

Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont With more than 19.5m (2010) residents, New York State has a GDP of $1.16trn (2010). A recognised global centre for fi nancial services, life sciences, entertainment, media, fashion, the arts, tourism and industry, more than 40 per cent of the state’s population resides in New York City. The other North-Eastern seaboard states also have much to offer.

• THE WEST

Alaska, Arizona, California, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington, Wyoming The largest US medical device cluster is Orange County, California. More people are employed in aerospace in the West Coast than anywhere else in the US. The West Coast is the country’s largest entertainment cluster. UK companies in California sustain more jobs than in any other state except New York.

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We are building pathways of collaboration with NASA as it responds to the closure of the Space Shuttle programme. The Atlanta Beltline, the US’s single-largest infrastructure development project, presents opportunities in light rail, park creation and social housing.

UK expertise and know-how will be

required in infrastructure projects in LA, Seattle and Phoenix, as well as the West Coast high-speed rail programme. East London’s Tech City initiative continues to generate excitement among potential investors across the country, with an increasing number of companies wanting

to be a part of this huge success story. There is untapped potential in key geographical clusters, such as ICT in Kansas and Denver, medical and fi nancial in Minneapolis and life sciences in Indianapolis. We are working to support UK companies to win business from the United Nations, which in 2010 spent $14.5bn on a wide range of undertakings, from supporting peacekeeping activities to development projects all over the world. We are helping fi rms access aid- funded business, which in the last year represented $750m in contracts for

LET’S DO BUSINESS TO LEARN more about the United States,

email researchUSA@fco.gov.uk. Follo w UKTI on

UK companies, and are encouraging New York’s life sciences market to tap into the UK’s £4.6bn science and research budget. There are opportunities for UK companies at key international events, such as the BIO International Convention and the AdvaMed MedTech Conference in Boston. We are also working hard to maximise the opportunities surrounding the London 2012 Olympic and Paralympic Games. I’ve barely scratched the surface with these examples so if you want to fi nd out more about this exciting market please contact us straight away! ■

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