Israel Creates Jobs in America
The US-Israel relationship is based on shared values and interests, and offers direct economic benefits to the American people.
U.S. aid to Israel creates jobs in America
Israel is pledged to spend all of the military aid it receives from the U.S. (roughly $3.8 billion) on products manufactured across America.
This spending directly supports over 20,000 jobs and indirectly supports thousands of other jobs according to estimates.
More than 1,000 companies in 48 states, the District of Columbia, and Puerto Rico have signed contracts worth billions of dollars through the U.S. aid to Israel program.
Israeli investments create jobs in America
Since 1985, when the US-Israeli free trade agreement was signed, trade has grown to over $40 billion dollars annually. Israel has become America’s 23rd largest trading partner.
Trade with Israel alone supported 254,563 American jobs between 2009 and 2014.
Many Israeli companies, including Given Imaging, Amdocs, Netafim, and BrightSource, have opened offices in the United States.
U.S.-Israel cooperation creates jobs in America
The Binational Science Foundation (BSF), Binational Industrial Research and Development Foundation (BIRD), and Binational Agricultural Research and Development Foundation (BARD) are joint projects of the U.S. and Israeli governments.
Their goal is to stimulate, promote, and support cooperation between American and Israeli businesses and scientists.
These organizations have helped create anywhere between 18,000 and 200,000 jobs in the U.S. depending on the estimates used.
Israel helps train American innovators and job creators
Cornell University and Israel’s Technion have joined forces to create the Technion-Cornell Innovation Institute in New York City. This new university will train the next generation of American leaders in technology and innovation.
1 FACT SHEET: Memorandum of Understanding Reached with Israel
2. Dave Schechter, “Aid to Israel, and the bang for those bucks,” CNN, January 31, 2009, at http://ac360.blogs.cnn.com/2009/01/31/aid-to-israel-and-the-bang-for-those-bucks
3.Mitchell Bard, “Myths & Facts Online: U.S. Middle East Policy,” Jewish Virtual Library, n.d., at www.jewishvirtuallibrary.org/jsource/myths3/MFUSpolicy.html#10
4. Jeremy M. Sharp, “U.S. Foreign Aid to Israel,” Chereongressional Research Service, March 12, 2012, at
5. "The US-Israel Economic Relationship Factsheet." Israel Allies News. March 2016. http://www.israelallies.org/usa/resources_archive/the_us-israel_economic_relationship_factsheet/
6. United States-Israel Binational Science Foundation, “About,” n.d., at www.bsf.org.il/BSFPublic/DefaultPage1.aspx?PageId=11&innerTextID=11; BIRD, “What is BIRD,” n.d., at www.birdf.com/?CategoryID=317&ArticleID=374; United States-Israel Binational Agricultural Research and Development Fund, “Mission,” n.d., at www.bard-isus.com/local.aspx?lfidl=2
7. Economic Strategy Institute, “A Certain Future for the U.S.-Israel Technology Partnership,” December 2011, at www.birdf.com/_Uploads/dbsAttachedFiles/BinationalFoundationsReportPrestowitzDec2011.pdf
8.Cornell University, “Cornell Now 2015,” n.d., at http://now.cornell.edu/nyctech