60 Seconds About SelectUSA

Three years ago, President Obama launched SelectUSA – an initiative to encourage U.S. businesses to bring jobs back home, and to urge foreign companies to invest in America.

Fast forward to 2014, and here's the result: more than $18 billion of investments across 17 different states, resulting in new jobs for American workers, and growth for our nation's economy.

And Tuesday, the President announced we're holding a second SelectUSA summit early next year, where more than 2,000 business executives, mayors, and governors will meet to encourage even further investment in the U.S.

Watch Jeff Zients, Director of the National Economic Council, go "On the Clock" to talk about SelectUSA – and the importance of investing in the United States:

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Related Topics: Jobs, Economy