Lucknow: The secondary sector, at Rs 6.16 lakh crore, contributes 26.1% to the State Gross Value Added (SGVA), which measures the total value of goods.

While the White House is waging a trade war on behalf of US manufacturing, the largest and most important part of the US economy, one that has a trade surplus, not a gap, is under threat.

The sector tariffs could very well push that to the higher range of 4% to 4.5%, she said. CPI hasn’t been above 4% for nearly two years, Bureau of Labor Statistics data shows.

Meanwhile, a broad expansion of service-sector jobs — bartenders, servers, cooks, maids — now offers a lower foothold in the economy for workers without a college degree who 40 years ago might ...

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 ...

Putting aside the debate about whether politicians can successfully bring back a large number of manufacturing jobs — many economists are skeptical of this — we at Planet Money were curious ...

On the current state of the U.S. economy, Williams said the labor market remains strong with the unemployment rate at 4.2%, “pretty close to what most economists consider full employment.” ...