The Coalition of Services Industries (CSI) has published its 2018 agenda, Promoting American Competitiveness Through Services and Digitally Enabled Trade, outlining the organization’s annual priorities. The agenda emphasizes the importance of services and digitally enabled trade and investment in promoting all aspects of the U.S. economy, exemplified by U.S. services exports hitting a record high of $777.9 billion in 2017. To read our full statement click here.
Services represents approximately 75% of US economic output and about 80% of US private sector employment. In 2010, US private services exports exceeded $526 billion, and had a services trade surplus of approximately $168 billion.
Services are essential inputs into the production of virtually all products. The price and quality of services influence costs and productivity in all other sectors in an economy, including manufacturing and agriculture. Thus, when liberalized and made more efficient, services have a strong effect in the competitiveness of an entire economy. For more data and statistics on the service economy, click here.
|January 2017||Platform Enabled Small Business and the Geography of Recovery (eBay)|
|November 2016||High-Tech Nation: How Technological Innovation Shapes America’s 435 Congressional Districts|
|October 2016||Recent Trends in U.S. Services Trade: 2016 Annual Report|
|September 2016||Implications of the Trade in Services Agreement (TiSA) for Developing Countries|
Yesterday CSI, along with other associations, sent a letter to Congressional leadership urging the passage of the Trans-Pacific Partnership (TPP). The letter emphasized the importance of the U.S. financial services sector, and how it benefits from the agreement.
Late last week the Global Services Coalition released a statement urging TiSA Ministers to pass a high standard agreement as negotiations continue into the fall. You can read the entire statement here.
CSI is the leading business organization dedicated to the development of U.S. domestic and international policies that enhance the global competitiveness of the U.S. service sector through bilateral, regional, multilateral, and other trade and investment initiatives. CSI is the leading business organization dedicated to the development of U.S. domestic and international policies that enhance the global competitiveness of the U.S. service sector through bilateral, regional, multilateral, and other trade and investment initiatives.
For more information, click here...