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Title 15 — Commerce and Trade

Chapter 75 — National Trade Data Bank

§ 4908. Information on service sector

Statutory text

(a)

Service sector information

The Secretary shall ensure that, to the extent possible, there is included in the Data Bank information on service sector economic activity that is as complete and timely as information on economic activity in the merchandise sector.

(b)

Survey

The Secretary shall undertake a new benchmark survey of service transactions, including transactions with respect to—

(1)

banking services;

(2)

information services, including computer software services;

(3)

brokerage services;

(4)

transportation services;

(5)

travel services;

(6)

engineering services;

(7)

construction services; and

(8)

health services.

(c)

General information and index of leading indicators

The Secretary shall provide—

(1)

not less than once a year, comprehensive information on the service sector of the economy; and

(2)

an index of leading indicators which includes the measurement of service sector activity in direct proportion to the contribution of the service sector to the gross national product of the United States.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Omnibus Trade and Competitiveness Act of 1988

    Pub. L. 100–418 title V § 5408 · 102 Stat. 1107

    Enacted · 15 U.S.C. § 4908

    (Pub. L. 100–418, title V, § 5408, Aug. 23, 1988, 102 Stat. 1466.)

    Source evidence

    Code source credit
    (Pub. L. 100–418, title V, § 5408, Aug. 23, 1988, 102 Stat. 1466.)

    Enacted provision · exact public law section
    SEC. 5408. INFORMATION ON THE SERVICE SECTOR. (a) Service Sector Information.— The Secretary shall ensure that, to the extent possible, there is included in the Data Bank information on service sector economic activity that is as complete and timely as information on economic activity in the merchandise sector. (b) Survey.— The Secretary shall undertake a new benchmark survey of service transactions, including transactions with respect (1) banking services; (2) information services, including computer software services; (3) brokerage services; (4) transportation services; (5) travel services; (6) engineering services; (7) construction services; and (8) health services. (c) General Information and Index of Leading Indicators.— The Secretary shall provide— (1) not less than once a year, comprehensive information on the service sector of the economy; and (2) an index of leading indicators which includes the measurement of service sector activity in direct proportion to the con- tribution of the service sector to the gross national product of the United States.

1 of 1 references resolved to an enrolled provision

Credits

(Pub. L. 100–418, title V, § 5408, , 102 Stat. 1466.)

Parsed from the official OLRC USLM XML in data/usc_all/usc15.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t15/s4908