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  1. https://www.jec.senate.gov/public/?a=Files.Serve&File_id=1F548110-1633-4656-8ABA-82FA86D5A130

    countries are still pursuing a flawed approach to economic development Restrictions on cross border data flows via forced localization measures new complex and burdensome regulatory regimes irritants de...studies released last year outlined some of the main restrictions to digital trade including data localization data protection and privacy cybersecurity censorship market access and investment 2 The second...their role Data Flow Agreements The U S government should do more to support international privacy and cybersecurity frameworks that facilitate digital trade and the seamless movement of data across borders...

  2. https://www.jec.senate.gov/public/?a=Files.Serve&File_id=D98CC5E9-3258-4BA8-A031-0DDEF42DC18A

    manufacturers to small businesses integrated into global supply chains to farmers using weather and planting data entrepreneurs developing the next revolutionary technology and to small mom and pop operations looking...advantages to local favored players The ITC identified problems related to foreign provisions on data protection and data localization cybersecurity trade distorting privacy measures and source code disclosure...have done before in the ITA LEADERSHIP ON DATA FLOWS DATA PROTECTION PRIVACY Finally the United States must take a firm stance to ensure that the free flow of data which is foundational to the digital economy...

  3. The Need for U.S. Leadership on Digital Trade

    Research Service Search Terms Trade barriers Digital trade Cross border data flows Localization International trade General Data Protection Regulation GDPR Congressional Research Service 1 Chairman Paulsen...players The increase in digital trade parallels the growth in internet usage globally Cross border data and communication flows are part of digital trade they also facilitate trade and the flow of goods...compared to the economy wide average of 1 Jacques Bughin and Susan Lund The ascendancy of international data flows VOX January 9 2017 2 U S International Trade Commission Global Digital Trade 1 Market Opportunities...

  4. C:\DOCS\31138.txt

    additional taxes and fees and some governments will only permit sales on the condition of storing data locally or providing the source code that will inevitably be used for a competing state backed product...American companies confront rampant theft of U S intellectual property force technology transfer policies data localization requirements and other efforts to tilt the playing field against the United States Equally...flow of data We need to knock down these barriers in a systematic thoughtful way rather than pursuing a policy of ill conceived tar iffs that create additional barriers to trade Further some data regulations...

  5. Microsoft Word - Wages Testimony

    median real family income rose to above 60 000 A study by Sentier Research using the preliminary 2018 data indicates continued rises in median family income through the first half of the year When counting...Americans are earning more so they are clearly spending more The latest Bureau of Labor Statistics data show 6 5 million unfilled jobs and a shortage of workers to fill them This is the very definition...

  6. C:\DOCS\32379.txt

    grow significantly wider Part of the challenge we face is that we need better more timely economic data to help us craft smart forward looking policies Knowing in real time who is actually benefiting from...ly affect estimates of their level and their trend over time Several features of the available wage data provide an incom plete picture Most national measures of wages focus on a ratio that has cash earnings...calculation poses additional challenges for accurate measurement of wages Although not all the wage data do so it is important to distinguish between hours paid and hours actually worked because a number...

  7. https://www.jec.senate.gov/public/?a=Files.Serve&File_id=B304ECE3-6C0D-42C0-A94D-BB665ADA5592

    questions policymakers like you have a limited view of how our economy is performing This lack of data hinders our ability to diagnose problems in the economy and preempt them with appropriate policy Our...the country Present policies may be exacerbating the rise of inequality but the currently available data requires us to assemble this story piecemeal sometimes with lags of several years and we still do...inequality in our nation Some commentators believe that inequality may have peaked but we have little data to support such a pronouncement The best government produced report on inequality CBO s Distribution...

  8. Executive Summary

    greatly affect estimates of their level and trend over time Several features of the available wage data provide an incomplete picture Most national measures of wages focus on a ratio that has cash earnings...calculation poses additional challenges for an accurate assessment of wage changes Although not all wage data do so it is important to distinguish between hours paid and hours worked because a number of employers...for measuring either productivity or what a worker received per hour worked BLS 2015 All the current data measures begin with a sample of individuals who happen to be employed at the time of the survey or...

  9. JEC Testimony

    declined in real terms 7 percent from 1979 to 2010 3 But these depressing conclusions rely on studies and data that are incomplete or flawed They understate economic growth for the poor and the middle class because...results about the impact of the economy on the poor the middle and the rich Studies that use panel data data that is generated from following the same people over time consistently find that the largest gains...workers and that the richest workers get very little of the gains This is true in survey data It is true in data gathered from tax returns Here are some of the studies that find a very different picture...

  10. https://www.jec.senate.gov/reports/80th%20Congress/Increases%20in%20Steel%20Prices%20(8).pdf

    FAIRLESS Yes that is right Senator O MAHONEY So that will all be in the record Mr FAIRLESS Yes sir The data referred to are as follows United States Steel s operating story 1902 46 In thousands of net tons...888 279 274 266 835 NOTE Production and shipment data are for all operating subsidiaries and are grouped in broad product classifications The production data include all production of the materials by the...64 1946 1 496 1 704 5 69 1 560 4 68 7 4 8 88 6 25 2 34 8 28 6 1 684 5 55 Denotes deficit NOTE The data are in some respects necessarily approximate and are based on the yearly earnings reported annually...

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