Federal · Title 15 — Commerce and Trade

15 U.S.C. § 4906: Establishment of Data Bank

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Within 2 years after August 23, 1988 , the Secretary of Commerce shall establish the Data Bank. The Secretary shall manage the Data Bank. The Data Bank shall consist of two data systems, to be designated the International Economic Data System, as described in subsection (b) and the Export Promotion Data System, as described in subsection (c). aggregate import and export data for the United States and for each foreign country; industry-specific import and export data for each foreign country; product and service specific import and export data for the United States; market penetration information; and foreign destinations for exports of the United States; data on international service transactions; interest rates; and average exchange rates; information on foreign direct investment in the United States economy; wage rates for major industries; international unemployment rates; and trends in international labor productivity; trade barriers; and export financing policies; data concerning the country shipping the import, the State of first destination, and the original part 1 of entry for imports of goods and, to the extent possible, services; and 1 So in original. Probably should be “port”. data concerning the State of the exporter, the port of departure, and the country of first destination for export of goods and, to the extent possible, services; and any other economic and trade data collected by the Federal Government that the Secretary determines to be useful in carrying out the purposes of this chapter. specific business opportunities in foreign countries; size of the market; distribution of products; competition; significant applicable laws, regulations, specifications, and standards; appropriate government officials; and trade associations and other contact points; and the general economic conditions; common business practices; significant tariff and trade barriers; and other significant laws and regulations regarding imports, licensing, and the protection of intellectual property; export financing information, including the availability, through public sources of funds for United States exporters and foreign competitors; transactions involving barter and countertrade; and any other similar information, that the Secretary determines to be useful in carrying out the purposes of this chapter.

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