US Service Sector (United States)

The U.S. Service Sector includes industries that provide services rather than physical products, such as healthcare, education, finance, retail, hospitality, and professional services. It is a major part of the economy, generating most of the country’s jobs and economic activity. This sector focuses on meeting consumer and business needs through activities like healthcare visits, banking, hotel stays, and consulting. Its performance reflects the overall economic health, as increased service demand indicates growth, while declines can signal economic challenges. Essentially, the service sector is about delivering expertise, convenience, and support that keep daily life and commerce running smoothly.