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.
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.