Title 15 — Commerce and TradeRelease 119-73
§4908 Information on service sector
Title 15 › Chapter CHAPTER 75— - NATIONAL TRADE DATA BANK › § 4908
Summary
The Secretary must make the Data Bank include service data that is as complete and timely as merchandise data. The Secretary must run a new benchmark survey of service transactions covering eight types: banking; information and software; brokerage; transportation; travel; engineering; construction; and health. The Secretary must publish comprehensive service data at least once a year and a leading-index weighted to the service share of the United States gross national product.
Full Legal Text
Title 15, §4908
Commerce and Trade — Source: USLM XML via OLRC
(a)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)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)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.
Reference
Citations & Metadata
Citation
15 U.S.C. § 4908
Title 15 — Commerce and Trade
Last Updated
Apr 6, 2026
Release point: 119-73