mARkET WATCh by the flow of foreign direct investment (FDI) or the amount of money flowing into a country from foreign sources for all reasons— including, but not limited to, new manufacturing facilities. Table Two is further proof of the growth in the global marketplace of China and other neighboring Asian nations. The steady increase of FDI over the past years is reflective of the international community recognizing the opportunities that await in that region. n Joe Salimando (ecdotcom@ gmail.com) provides information on the electrical construction and related markets at www.eleblog.com. TABLE TWo Foreign Direct Investment Inflows (FDI) (billions of dollars) 2001 2002 2003 2004 2005 European Union United States Asia (excl. China) China Africa Japan $382 $160 $65 $47 $20 $307 $75 $43 $53 $13 $9 $254 $53 $56 $54 $19 $6 $214 $122 $96 $61 $17 $8 $422 $99 $128 $72 $31 $3 $6 Source: www.unctad.org/fdistatistics Web Resources Comparative Wages (Philippines) – http://tinyurl.com/2txudz Global Economic Forum (Morgan Stanley) – www.morganstanley.com/views/gef/index.html Industry Week magazine – www.industryweek.com International Monetary Fund – www.imf.org Foreign Labor Statistics (U.S. Dept. of Labor) – www.bls.gov/fls/ World Investment Report – www.unctad.org/wir One Road. Many Destinations. career travels an open road of endless possibility. As a licensed P.E., you will encounter fewer roadblocks, detours, and breakdowns on your lifelong journey. You will have better career control, with enhanced employability and promotability—not to mention more prestige and better pay. Your The NCEES is here to provide the roadside assistance you will need to reach all your destinations. We offer exam prep materials and information, and we administer a Records Program that assists P.E.’s in becoming licensed in additional states. Visit our Web site for a Records program application. National Council of Examiners for Engineering and Surveying Call 800-250-3196 ENGINEERING INC. JULY / AUGUST 2007 www.ncees.org Fax 864-654-6033http://www.unctad.org/fdistatistics http://tinyurl.com/2txudz http://www.morganstanley.com/views/gef/index.html http://www.industryweek.com http://www.imf.org http://www.bls.gov/fls/ http://www.eleblog.com http://www.unctad.org/wir http://www.ncees.org http://www.ncees.org