Americans lose their wanderlust, prefer the green green grass of home

Updated

Americans who live overseas are finding there's no place like home. Maybe it's a sign of the improving U.S. economy, or of the tough economic conditions abroad, but whatever the reason, the allure of living overseas seems to be fading for many Americans.

The number of U.S. citizens in Britain fell 3.8 percent, to 126,000, in the year through September, Bloomberg News notes, due largely to declining employment by U.K. banks. But the trend appears more widespread. The article cites a KPMG International survey of 60 companies based here and 40 based abroad, which found that 41 percent of employers plan to review expatriate programs, and 22 percent had recalled overseas workers or made them local employees in the past 12 months.

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