Figure 9
IT and health care industries hold half of offshore profits: Share of U.S. corporate profits held offshore, by industry, 2014
| Sector | Percentage of earnings overseas |
|---|---|
| Information tech. | 29% |
| Health care | 20% |
| Consumer staples | 11% |
| Energy | 7% |
| Industrial | 13% |
| Material | 4% |
| Consumer discretionary | 6% |
| Financial | 10% |
Source: ATF and EPI analysis of Zion, Gomatam, and Graziano (2015, 15)
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