The U.S. Information Economy: Value, Employment, Industry Structure, and Trade explores the confluence of two events -- large economies in the world being dominated by services and a change from a material or physical economy to an information economy -- by examining the double dichotomy of products versus services and information versus material, which divides the economy into four supersectors. This transformation to information and information-intensive services has a wide array of consequences. The authors examine some of these consequences to indicate the substantial implications for...