• support@madhedgefundtrader.com
  • Member Login
Mad Hedge Fund Trader
  • Home
  • About
  • Store
  • Luncheons
  • Testimonials
  • Contact Us
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

The Service Job in Your Future

Diary, Newsletter

Anyone wondering about the long term future of the US economy should take a look at the chart below. It shows the unrelenting growth of services? share of American GDP growing from 25% to 45% over the last sixty years.

Far and away the fastest growth area has been in health care, and with the first Obamacare programs starting in September, that growth is set to accelerate. Financial services have also been a serious growth creator, for better or for worse. You can turn the chart upside down and the shrinkage in our manufacturing base is equally illustrated.

This is not necessarily a bad thing. Would you rather be mining coal or designing a website? These statistics make us the envy of the world, as services are where the future lies. By creating so many key technologies, our country has been the most successful in climbing up the global value chain.

Services largely comprise pure intellectual content, require no raw materials, and the end product can be transmitted over the Internet. There is a reason why nearly a million foreign students have flocked to the US for an education. Emerging nations like China and South Korea, which only see services generating 10%-15% of their GDP, are wracking their brains trying to figure out how to play catch up.

Services Chart

McDonalds Worker

Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share by Mail
https://www.madhedgefundtrader.com/wp-content/uploads/2013/06/Services-Chart.jpg 374 536 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2013-06-14 07:45:112013-06-14 07:45:11The Service Job in Your Future

tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Mad Hedge Fund Trader (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade. 

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

Copyright © 2025. Mad Hedge Fund Trader. All Rights Reserved. support@madhedgefundtrader.com
  • Privacy Policy
  • Disclaimer
  • FAQ
Link to: June 14, 2013 - Quote of the Day Link to: June 14, 2013 - Quote of the Day June 14, 2013 - Quote of the Day Link to: The Yen Carry Trade Blow Up Link to: The Yen Carry Trade Blow Up The Yen Carry Trade Blow Up
Scroll to top