America’s Shift To A Service Economy

America's GDP is increasingly fueled by the service sector as domestic manufacturing shifts overseas and import reliance grows.

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The United States’ Gross Domestic Product (GDP) has become increasingly driven by the service sector. As manufacturing has shifted overseas, the economy has grown more reliant on imports, reinforcing its transition toward a service-based model. Industries such as healthcare, finance, education, and transportation now play a central role in economic growth, contributing significantly to overall GDP and shaping the modern U.S. economy.

Source: U.S. Bureau of Economic Analysis, The Business Week Graphic

This graph was produced by Lucas Juery, CFA, CFPⓇ and is not intended to provide financial advice.

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