What To Know About the Rise of Services

Ricardo Marto

Economic Synopses, 2024, issue 6, 3 pages

Abstract: What should you know about the rise of services over the past 40 years? The services sector now accounts for about 79% of output, 85% of employment, 83% of firms, and 78% of household spending.

Keywords: services sector; service industries; economic output; employment; household spending; firms; establishments (search for similar items in EconPapers)
Date: 2024
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DOI: 10.20955/es.2024.6

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