Columbia International Affairs Online: Books

CIAO DATE: 06/2010

The Transatlantic Economy 2010 Annual Survey of Jobs, Trade and Investment between the United States and Europe

Daniel S. Hamilton, Joseph P. Quinlan

January 2010

Center for Transatlantic Relations


Despite the recession, the United States and Europe remain each other’s most important foreign commercial markets. No other commercial artery in the world is as integrated and fused as the transatlantic economy. We estimate that the transatlantic economy continues to generate close to $4.28 trillion in total commercial sales a year and employs up to 14 million workers in mutually “onshored” jobs on both sides of the Atlantic.