So as you can see, manufacturing has been below 50 or just bump up once in a blue moon to the 50 mark. Conversely, services have stayed above 50 and expansion. Now Today about 2/3 of our economy is driven by services. If you went back 50 years ago, that would have been flipped. Manufacturing would have been about 2/3 of our economy. All right, the stock market, the biggest bubble yet. (24:29–24:34)
CLAIM
Asserts that two-thirds of the current economy is driven by the service sector.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
