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Eric Hovde: “Today, about two thirds of our economy is driven by…”

Featuring: Eric Hovde, Republican | Former Candidate, U.S. Senate Wisconsin

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The 2025 Manufacturing & Service Industry

Published | Video Starts at 00:52

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 two thirds of our economy is driven by services. If you went back 50 years ago, that would have been flipped. Manufacturing would have been about two thirds of our economy. All right. The stock market. (00:52–00:58)

CLAIM

Asserts that two-thirds of the economy is currently driven by the service sector.

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