The construction industry is also in the secondary sector. Tertiary sector businesses provide services, like shops, hospitals, and hotels. Businesses also operate in three sectors of the economy.

The pervasive impact of digitalization on the economy and the lack of an agreed definition makes it challenging to obtain ... accounts framework and using publicly available and limited secondary ...

For example, an index might only include individual stocks in the technology sector. Three of the most ... How the stock market affects the economy The stock market is volatile.

The U.S. economy, for the most part, is a services economy. The services sector accounts for more than 70% of the country’s gross domestic product, according to the Bureau of Economic Analysis.

PRAISE FOR THE BOOK “By definition ... it explores the business cycles in the informal sector in 160 countries over the last 30 years; the study is the first one to show that cycles in the formal ...

Service sector businesses “are all industries that power American economic growth. They’re the US economy’s secret sauce,” said Mark Zandi, chief economist for Moody’s Analytics.