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15 U.S.C. § 4908 — Information on service sector

submitted 38 years ago by Pub. L. 100-418 to r/title-15-COMMERCE-AND-TRADE · 150 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Data Bank must include timely, complete information about service-sector activity, including a new survey of listed services. The Secretary must also provide yearly service-sector information and an index measuring service activity in proportion to its contribution to the United States gross national product.

(a) Service-sector information. The Secretary must ensure, as far as possible, that the Data Bank includes information about service-sector economic activity that is as complete and current as information about merchandise-sector activity.

(b) Survey. The Secretary must conduct a new benchmark survey of service transactions, including:

(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) General information and leading-indicator index. The Secretary must provide:

(1) comprehensive information about the economy’s service sector at least once each year; and

(2) an index of leading indicators that measures service-sector activity in direct proportion to the service sector’s contribution to the gross national product of the United States.

the actual law source: uscode.house.gov ↗public domain
(a) Service sector information

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) Survey

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) General information and index of leading indicators

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.

Source credit: (Pub. L. 100–418, title V, § 5408, Aug. 23, 1988, 102 Stat. 1466.)

history & why it existsrecord from the source credit
  • 1988Enacted · Pub. L. 100-418 · 102 Stat. 1466

A history note hasn’t been published yet. The record shows enactment by Pub. L. 100-418 on 1988-08-23.

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