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)