Carlyle Group Chief Executive Officer David Rubenstein revealed during the recent SelectUSA summit that the United States should expect to attract more foreign investment moving forward, despite the strong U.S. dollar deterring many from doing so.
"The currency has slowed it down a little bit but it's just slowing it down," he said, according to Business Insider.
"I do think that you are going to see more and more companies that are based outside the United States beginning to manufacture and provide services in the United States."
The growth of the United States economy has led to the increase of the value of the dollar, which some analysts claim increased by approximately 14 percent over the past year alone. Despite economic growth in the United States pointing to a strong position in the future of the global market, it has also intimidated many foreign investors from focusing their immediate efforts on the region.
United States Commerce Secretary Penny Pritzker revealed the duality of the country's economy during a recent interview, where she urged that long-term effects of the strengthened dollar would be favorable.
"Your location decisions are ones made for decades" and should not be based on today's currency bounces, she said, according to NPR.
A combination of abundant energy resources, political stability and increased investment in education and infrastructure are attributed to stable growth for the future.
Last year, over 3 million jobs were added to the formal economy, with the unemployment rate down to 5.5 percent.
