Wednesday, July 02, 2008
[IWS] USITC: RECENT TRENDS in U.S. SERVICES TRADE: 2008 ANNUAL REPORT [30 June 2008]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
U.S. International Trade Commission (USITC)
Recent Trends in U.S. Services Trade: 2008 Annual Report
Investigation No. 332--345
Publication 4015 June 2008
http://hotdocs.usitc.gov/docs/pubs/332/pub4015.pdf
[full-text, 138 pages]
ABSTRACT
The report Recent Trends in U.S. Services Trade, 2008 Annual Report focuses principally
on infrastructure services, i.e., telecommunications, banking, insurance, and logistics, that
are consumed by every firm irrespective of economic sector. It finds that U.S. services
overall, and infrastructure services in particular, grew faster in 2006 in terms of gross
domestic product, employment, and cross-border exports than the average annual basis in
the preceding five-year period. Separately, services supplied to foreign consumers by
foreign-based affiliates of U.S. firms, including those in infrastructure services, also
experienced recent strong growth. The report also finds that U.S. infrastructure service firms
continued to encounter various impediments to trade in other countries. The report also
summarizes recent and ongoing initiatives by international organizations and countries to
improve services trade statistics.
The report highlights the services and the geographic markets and regions that contributed
most substantially to recent services trade performance. Separate chapters on particular
infrastructure services and retail services describe how each service is traded, identify trends
and issues affecting competitive conditions in the industry, and compare recent trade
performance to historical trends.
Includes NUMEROUS TABLES....
PRESS RELEASE June 30, 2008
News Release 08-063
Inv. No. 332-345
ITC REPORTS STRONG U.S. PERFORMANCE IN GLOBAL SERVICES TRADE
http://www.usitc.gov/ext_relations/news_release/2008/er0630ff2.htm
U.S. service firms were preeminent in global services trade in 2006, reports the U.S. International Trade Commission (ITC) in its report Recent Trends in U.S. Services Trade, 2008 Annual Report.
The United States remains the world's largest services market and also the world's leading exporter and importer of services, according to the report.
AND MUCH MORE....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
U.S. International Trade Commission (USITC)
Recent Trends in U.S. Services Trade: 2008 Annual Report
Investigation No. 332--345
Publication 4015 June 2008
http://hotdocs.usitc.gov/docs/pubs/332/pub4015.pdf
[full-text, 138 pages]
ABSTRACT
The report Recent Trends in U.S. Services Trade, 2008 Annual Report focuses principally
on infrastructure services, i.e., telecommunications, banking, insurance, and logistics, that
are consumed by every firm irrespective of economic sector. It finds that U.S. services
overall, and infrastructure services in particular, grew faster in 2006 in terms of gross
domestic product, employment, and cross-border exports than the average annual basis in
the preceding five-year period. Separately, services supplied to foreign consumers by
foreign-based affiliates of U.S. firms, including those in infrastructure services, also
experienced recent strong growth. The report also finds that U.S. infrastructure service firms
continued to encounter various impediments to trade in other countries. The report also
summarizes recent and ongoing initiatives by international organizations and countries to
improve services trade statistics.
The report highlights the services and the geographic markets and regions that contributed
most substantially to recent services trade performance. Separate chapters on particular
infrastructure services and retail services describe how each service is traded, identify trends
and issues affecting competitive conditions in the industry, and compare recent trade
performance to historical trends.
Includes NUMEROUS TABLES....
PRESS RELEASE June 30, 2008
News Release 08-063
Inv. No. 332-345
ITC REPORTS STRONG U.S. PERFORMANCE IN GLOBAL SERVICES TRADE
http://www.usitc.gov/ext_relations/news_release/2008/er0630ff2.htm
U.S. service firms were preeminent in global services trade in 2006, reports the U.S. International Trade Commission (ITC) in its report Recent Trends in U.S. Services Trade, 2008 Annual Report.
The United States remains the world's largest services market and also the world's leading exporter and importer of services, according to the report.
AND MUCH MORE....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 5:47 AM
