Recent Trends in U.S. Services Trade: 2010 Annual Report. Investigation No. 332-345

摘要

Recent Trends in U.S. Services Trade, 2010 Annual Report focuses principally on infrastructure services (banking, electricity, insurance, retailing, securities, and telecommunications), which are consumed by every firm irrespective of economic sector. The largest infrastructure service firms are located in developed countries and offer their services globally through cross-border trade and affiliate transactions. Economic growth in developing countries around the world continues to create new opportunities for expansion and investment by infrastructure service firms. The financial crisis that began in 2007 has affected the operations of most infrastructure services to some degree, although the largest effects were experienced by the banking and securities industries. Nonetheless, trade in U.S. services continued to grow in 2008, albeit slower than in previous years, and services supplied to foreign consumers by foreign affiliates of U.S. firms also demonstrated steady growth in 2007.