Recent Trends in U.S. Services Trade, 2024 Annual Report
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Abstract
The Commission has prepared and published annual reports in this series since 1996 under the investigation title Recent Trends in U.S. Services Trade. The 2024 report, which the Commission plans to publish in May 2024, will provide aggregate data on cross-border trade in services for the period ending in 2022, and transactions by affiliates based outside the country of their parent firm for the period ending in 2021. The 2024 report's analysis will focus on financial services (including banking services, insurance services, and securities services). The Commission is inviting interested members of the public to furnish information and views in connection with the 2024 report.
Full Text
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<title>Federal Register, Volume 88 Issue 240 (Friday, December 15, 2023)</title>
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[Federal Register Volume 88, Number 240 (Friday, December 15, 2023)]
[Notices]
[Pages 86928-86929]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-27478]
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INTERNATIONAL TRADE COMMISSION
[Investigation No. 332-601]
Recent Trends in U.S. Services Trade, 2024 Annual Report
AGENCY: United States International Trade Commission.
ACTION: Schedule for 2024 report and opportunity to submit information.
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SUMMARY: The Commission has prepared and published annual reports in
this series since 1996 under the investigation title Recent Trends in
U.S. Services Trade. The 2024 report, which the Commission plans to
publish in May 2024, will provide aggregate data on cross-border trade
in services for the period ending in 2022, and transactions by
affiliates based outside the country of their parent firm for the
period ending in 2021. The 2024 report's analysis will focus on
financial services (including banking services, insurance services, and
securities services). The Commission is inviting interested members of
the public to furnish information and views in connection with the 2024
report.
DATES:
January 29, 2024: Deadline for filing written submissions.
May 24, 2024: Anticipated date for online publication of the
report.
ADDRESSES: All Commission offices, including the Commission's hearing
rooms, are located in the U.S. International Trade Commission Building,
500 E Street SW, Washington, DC. All written submissions should be
addressed to the Secretary, U.S. International Trade Commission, 500 E
Street SW, Washington, DC 20436. The public record for this
investigation may be viewed on the Commission's electronic docket
information system (EDIS) at <a href="https://edis.usitc.gov/">https://edis.usitc.gov/</a>.
FOR FURTHER INFORMATION CONTACT: Information specific to this
investigation may be obtained from George Serletis, Project Leader,
Office of Industry and Competitiveness Analysis, Services Division
(202-205-3315; <a href="/cdn-cgi/l/email-protection#0f686a607d686a217c6a7d636a7b667c4f7a7c667b6c21686079"><span class="__cf_email__" data-cfemail="abcccec4d9ccce85d8ced9c7cedfc2d8ebded8c2dfc885ccc4dd">[email protected]</span></a>), Rudy Telles Jr., Project
Leader, Office of Industry and Competitiveness Analysis, Services
Division (202-205-3164; <a href="/cdn-cgi/l/email-protection#01736e656e6d676e2f75646d6d64724174726875622f666e77"><span class="__cf_email__" data-cfemail="d0a2bfb4bfbcb6bffea4b5bcbcb5a390a5a3b9a4b3feb7bfa6">[email protected]</span></a>), Theron Gray, Deputy
Project Leader, Office of Industry and Competitiveness Analysis,
Services Division (202-205-3132; <a href="/cdn-cgi/l/email-protection#a6d2cec3d4c9c888c1d4c7dfe6d3d5cfd2c588c1c9d0"><span class="__cf_email__" data-cfemail="691d010c1b0607470e1b0810291c1a001d0a470e061f">[email protected]</span></a>), or Services
Division Chief Martha Lawless (202-205-3497; <a href="/cdn-cgi/l/email-protection#d2bfb3a0a6bab3fcbeb3a5beb7a1a192a7a1bba6b1fcb5bda4"><span class="__cf_email__" data-cfemail="5e333f2c2a363f70323f29323b2d2d1e2b2d372a3d70393128">[email protected]</span></a>).
For information on the legal aspects of this investigation, contact
Brian Allen (202-205-3034; <a href="/cdn-cgi/l/email-protection#ee8c9c878f80c08f82828b80ae9b9d879a8dc0898198"><span class="__cf_email__" data-cfemail="d2b0a0bbb3bcfcb3bebeb7bc92a7a1bba6b1fcb5bda4">[email protected]</span></a>) or William Gearhart
(202-205-3091; <a href="/cdn-cgi/l/email-protection#f3849a9f9f9a929edd949692819b928187b386809a8790dd949c85"><span class="__cf_email__" data-cfemail="6c1b050000050d01420b090d1e040d1e182c191f05180f420b031a">[email protected]</span></a>) of the Commission's Office
of the General Counsel. The media should contact Jennifer Andberg,
Office of External Relations (202-205-3404;
<a href="/cdn-cgi/l/email-protection#82e8e7ececebe4e7f0ace3ece6e0e7f0e5c2f7f1ebf6e1ace5edf4"><span class="__cf_email__" data-cfemail="bad0dfd4d4d3dcdfc894dbd4ded8dfc8ddfacfc9d3ced994ddd5cc">[email protected]</span></a>). Hearing-impaired individuals may obtain
information on this matter by contacting the Commission's TDD terminal
at 202-205-1810. General information concerning the Commission may also
be obtained by accessing its website (<a href="https://www.usitc.gov">https://www.usitc.gov</a>). Persons
with mobility impairments who will need special assistance in gaining
access to the Commission should contact the Office of the Secretary at
202-205-2000.
SUPPLEMENTARY INFORMATION:
Background: The 2024 annual U.S. services trade report will provide
aggregate data on cross-border trade in services for 2018-2022 and
affiliate transactions in services for 2017-2021, and more specific
data and information on trade in financial services (including banking
services, insurance services, and securities services). The Commission
publishes two self-initiated annual reports: a report on trends in
services trade (Recent Trends in U.S. Services Trade),\1\ and a report
on trends in merchandise trade, presented as a data compilation (Shifts
in U.S. Merchandise Trade). The Commission's 2023 Recent Trends in U.S.
Services Trade report is available online at <a href="https://www.usitc.gov/publications/industry_econ_analysis_332/2023/recent_trends_us_services_trade_2023_annual_report">https://www.usitc.gov/publications/industry_econ_analysis_332/2023/recent_trends_us_services_trade_2023_annual_report</a>.
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\1\ While previous reports in the Recent Trends series used
investigation number 332-345, each report will now be issued with a
separate investigation number.
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[[Page 86929]]
The initial notice of institution of this series of investigations
was published in the Federal Register on September 8, 1993 (58 FR
47287) and provided for a report on merchandise trade. The Commission
expanded the scope of the investigation to cover services trade in a
separate report, which it announced in a notice published in the
Federal Register on December 28, 1994 (59 FR 66974). The separate
report on services trade has been published annually since 1996, except
in 2005. As in past years, the 2024 report will summarize U.S. trade in
services in the aggregate and provide analyses of trends and
developments in selected services industries during the latest 5-year
period for which data are published by the U.S. Department of Commerce,
Bureau of Economic Analysis.
Written submissions: Interested persons are invited to file written
submissions and other information concerning the matters to be
addressed by the Commission in its 2024 report. For the 2024 report,
the Commission is particularly interested in receiving information
relating to trade in financial services (including banking services,
insurance services, and securities services). Submissions should be
addressed to the Secretary. To be assured of consideration by the
Commission, written submissions related to the Commission's report
should be submitted at the earliest practical date and should be
received not later than 5:15 p.m., January 29, 2024. All written
submissions must conform to the provisions of section 201.8 of the
Commission's Rules of Practice and Procedure (19 CFR 201.8), as
temporarily amended by 85 FR 15798 (March 19, 2020). Under that rule
waiver, the Office of the Secretary will accept only electronic filings
at this time. Filings must be made through the Commission's Electronic
Document Information System (EDIS, <a href="https://edis.usitc.gov">https://edis.usitc.gov</a>). No in-
person paper-based filings or paper copies of any electronic filings
will be accepted until further notice. Persons with questions regarding
electronic filing should contact the Office of the Secretary, Docket
Services Division (202-205-1802), or consult the Commission's Handbook
on Filing Procedures.
Confidential business information: Any submissions that contain CBI
must also conform with the requirements in section 201.6 of the
Commission's Rules of Practice and Procedure (19 CFR 201.6). Section
201.6 of the rules requires that the cover of the document and the
individual pages be clearly marked as to whether they are the
``confidential'' or ``nonconfidential'' version, and that the CBI is
clearly identified by means of brackets. All written submissions,
except for CBI, will be made available for inspection by interested
persons.
The Commission intends to prepare only a public report in this
investigation. The report that the Commission makes available to the
public will not contain CBI. However, all information, including CBI,
submitted in this investigation may be disclosed to and used: (i) by
the Commission, its employees and Offices, and contract personnel (a)
for developing or maintaining the records of this or a related
proceeding, or (b) in internal investigations, audits, reviews, and
evaluations relating to the programs, personnel, and operations of the
Commission including under 5 U.S.C. appendix 3; or (ii) by U.S.
Government employees and contract personnel for cybersecurity or other
security purposes. The Commission will not otherwise disclose any CBI
in a manner that would reveal the operations of the firm supplying the
information.
Summaries of written submissions: Persons wishing to have a summary
of their position included in the report should include a summary with
their written submission on or before January 29, 2024, and should mark
the summary as having been provided for that purpose. The summary
should be clearly marked as ``summary for inclusion in the report'' at
the top of the page. The summary may not exceed 500 words and should
not include any CBI. The summary will be published as provided if it
meets these requirements and is germane to the subject matter of the
investigation. The Commission will list the name of the organization
furnishing the summary and will include a link where the written
submission can be found.
By order of the Commission.
Issued: December 11, 2023.
Lisa Barton,
Secretary to the Commission.
[FR Doc. 2023-27478 Filed 12-14-23; 8:45 am]
BILLING CODE 7020-02-P
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