Computer System Design Services NAICS 541512

May 1, 2025 - Some Electronic Products Exempted From Tariffs

• Some electronics products imported to the US have been exempted from President Trump’s reciprocal tariffs, according to US Customs and Border Protection. Profit margins of computer system design services may be compressed if tariffs are applied to these products in the future. The exemption, which comes after the Trump administration imposed a minimum tariff rate of 145% on Chinese goods imported to the US, does not include the 20% tariff on Chinese goods for the country’s alleged role in the fentanyl trade. Smartphones, computer monitors, and various electronic parts are among the exempted products. The exemption applies to products entering the US or removed from warehouses as early as April 5.
• Amazon Web Services (AWS) is struggling with capacity constraints in its data centers, restricting the cloud division's growth as AI demand surges, CEO Andy Jassy said. Rival Microsoft has also said that its cloud sales growth was hurt because it didn’t have enough data centers to handle demand for its AI products. AWS CEO Jassy said that limited AI chip supply and power capacity are affecting the ability of Amazon Web Services to bring new data centers online.

• A total of 677 major health data breaches affecting more than 182.4 million people occurred in 2024 as of December 20, 2024, according to The US Department of Health and Human Services' Office for Civil Rights' HIPAA Breach Reporting Tool. Computer facilities management services may be affected if the record number of breaches increases calls for greater computer system security. Business associates were involved in 212, or about a third of the major breaches reported, but those vendor incidents affected more than 131 million individuals - or about 75% of people affected by major health data breaches this year.
• Computer system design service industry employment and average wages for nonsupervisory employees decreased slightly during the first month of 2025, according to the US Bureau of Labor Statistics (BLS). Revenue for computer system design services increased 2.3% year over year and 1.8% quarter over quarter in the second quarter of 2024, according to the US Census Bureau. Computer system design service industry sales are forecast to grow at a 3.62% compounded annual rate from 2024 to 2028, slower than the growth of the overall economy, according to Inforum and the Interindustry Economic Research Fund, Inc.