July 11, 2013
News Release 13-065
Inv. No. 332-345
Contact: Peg O'Laughlin, 202-205-1819

U.S. SERVICE PROVIDERS REMAIN COMPETITIVE IN GLOBAL SERVICES MARKET, REPORTS USITC

The United States was the world's largest services market and the world's leading exporter and importer of services in 2011, reports the U.S. International Trade Commission (USITC) in its publication Recent Trends in U.S. Services Trade, 2013 Annual Report.

The USITC, an independent, nonpartisan, factfinding federal agency, compiles the report annually. Each year's report presents a qualitative and quantitative overview of U.S. trade in services and highlights some of the service sectors and geographic markets that contribute substantially to recent services trade performance.

This year's report focuses on professional services and includes separate chapters on the education, healthcare, and legal services sectors. Each chapter analyzes global market conditions in the sector, examines recent trade performance, and summarizes the sector's outlook.

The 2013 report covers cross-border trade in services through 2011 and affiliate sales through 2010 (latest available data). Highlights of the report include:

Recent Trends in U.S. Services Trade, 2013 Annual Report (Investigation No. 332-345, USITC publication 4412, July 2013) is available on the USITC's Internet site at http://www.usitc.gov/publications/332/pub4412.pdf.

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