Notice2025-02749
Recent Trends in U.S. Services Trade: 2025 Annual Report
Primary source
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Published
February 19, 2025
Issuing agencies
International Trade Commission
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. In the years up to and including 2022, the report was prepared under Investigation No. 332-345, and in 2024, it was prepared under Investigation No. 332-601. The 2025 report, which the Commission plans to publish in May 2025, will provide aggregate data on cross-border trade in services for the five-year period ending in 2023, and transactions by affiliates based outside the country of their parent firm for the five-year period ending in 2022. The 2025 report's analysis will focus on professional services (including accounting and audit services, advertising services, architectural and engineering services, education services, legal services, and management consulting services). The Commission is inviting interested members of the public to furnish information and views in connection with the 2025 report.
Full Text
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<title>Federal Register, Volume 90 Issue 32 (Wednesday, February 19, 2025)</title>
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[Federal Register Volume 90, Number 32 (Wednesday, February 19, 2025)]
[Notices]
[Pages 9914-9915]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-02749]
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INTERNATIONAL TRADE COMMISSION
[Investigation No. 332-605]
Recent Trends in U.S. Services Trade: 2025 Annual Report
AGENCY: United States International Trade Commission.
ACTION: Schedule for 2025 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. In the years up to and including 2022, the report
was prepared under Investigation No. 332-345, and in 2024, it was
prepared under Investigation No. 332-601. The 2025 report, which the
Commission plans to publish in May 2025, will provide aggregate data on
cross-border trade in services for the five-year period ending in 2023,
and transactions by affiliates based outside the country of their
parent firm for the five-year period ending in 2022. The 2025 report's
analysis will focus on professional services (including accounting and
audit services, advertising services, architectural and engineering
services, education services, legal services, and management consulting
services). The Commission is inviting interested members of the public
to furnish information and views in connection with the 2025 report.
DATES:
February 3, 2025: Deadline for filing written submissions.
May 30, 2025: 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 Isaac Wohl, Project Leader, Office
of Industry and Competitiveness Analysis, Services Division (202-205-
3356; <a href="/cdn-cgi/l/email-protection#264f554747450851494e4a6653554f524508414950"><span class="__cf_email__" data-cfemail="a1c8d2c0c0c28fd6cec9cde1d4d2c8d5c28fc6ced7">[email protected]</span></a>), John Stefanick, Deputy Project Leader,
Office of Industry and Competitiveness Analysis, Services Division
(202-205-2607; <a href="/cdn-cgi/l/email-protection#1e747176707f6a767f70306d6a7b787f70777d755e6b6d776a7d30797168"><span class="__cf_email__" data-cfemail="0e646166606f7a666f60207d7a6b686f60676d654e7b7d677a6d20696178">[email protected]</span></a>), Sharon Fisher, Deputy
Project Leader, Office of Industry and Competitiveness Analysis,
Services Division (202-205-2431; <a href="/cdn-cgi/l/email-protection#582b30392a3736763e312b303d2a182d2b312c3b763f372e"><span class="__cf_email__" data-cfemail="bfccd7decdd0d191d9d6ccd7dacdffcaccd6cbdc91d8d0c9">[email protected]</span></a>), or Services
Division Chief Martha Lawless (202-205-3497; <a href="/cdn-cgi/l/email-protection#deb3bfacaab6bff0b2bfa9b2bbadad9eabadb7aabdf0b9b1a8"><span class="__cf_email__" data-cfemail="513c30232539307f3d30263d3422221124223825327f363e27">[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#096b7b606867276865656c67497c7a607d6a276e667f"><span class="__cf_email__" data-cfemail="7614041f171858171a1a13183603051f021558111900">[email protected]</span></a>) or William Gearhart
(202-205-3091; <a href="/cdn-cgi/l/email-protection#b3c4dadfdfdad2de9dd4d6d2c1dbd2c1c7f3c6c0dac7d09dd4dcc5"><span class="__cf_email__" data-cfemail="62150b0e0e0b030f4c050703100a0310162217110b16014c050d14">[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#69030c0707000f0c1b4708070d0b0c1b0e291c1a001d0a470e061f"><span class="__cf_email__" data-cfemail="c7ada2a9a9aea1a2b5e9a6a9a3a5a2b5a087b2b4aeb3a4e9a0a8b1">[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 2025 annual U.S. services trade report will provide
aggregate data on cross-border trade in services for 2019-2023 and
affiliate transactions in services for 2018-2022, and more specific
data and information on trade in professional services (including
accounting and audit services, advertising services, architectural and
engineering services, education services, legal services, and
management consulting services). The Commission publishes two self-
initiated annual reports: a report on trends in services trade (Recent
Trends in U.S. Services Trade), and a report on trends in merchandise
trade, presented as a data compilation (Shifts in U.S. Merchandise
Trade). The Commission's 2024 Recent Trends in U.S. Services Trade
report is available online at <a href="https://www.usitc.gov/publications/industry_econ_analysis_332/2024/recent_trends_us_services_trade_2024_annual_report">https://www.usitc.gov/publications/industry_econ_analysis_332/2024/recent_trends_us_services_trade_2024_annual_report</a>.
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 2025 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 2025 report. For the 2025 report,
the Commission is particularly interested in receiving information
relating to trade in professional services (including accounting and
audit services, advertising services, architectural and engineering
services, education services, legal services, and management
[[Page 9915]]
consulting 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.,
February 3, 2025. 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
confidential business information (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 Views of Interested Persons: Interested persons
wishing to have a summary of their views included in the report should
include a summary with a written submission on or before February 3,
2025, and must use the Commission template, which can be downloaded
from <a href="https://www.usitc.gov/docket_services/documents/firm_or_organization_summary_word_limit.pdf">https://www.usitc.gov/docket_services/documents/firm_or_organization_summary_word_limit.pdf</a>. The Commission template
must be uploaded as a separate attachment with the written submission,
which is filed on EDIS under the document type ``Briefs and Written
Submissions.'' The summary may not exceed 500 words and should not
include any CBI. The summary will be published as provided only if it
utilizes the Commission-provided template, 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 12, 2024.
Lisa Barton,
Secretary to the Commission.
[FR Doc. 2025-02749 Filed 2-18-25; 8:45 am]
BILLING CODE 7020-02-P
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