The service sector is the largest and fastest growing sector of the United States’ economy:

• The service sector is the largest and fastest growing sector of the United States’ economy:

• 82% of Gross Domestic Product or $9.81 trillion (Haksever and Render, 2013).
• Provided almost 90 million jobs, or apx. 84% percent of U.S. private-sector employment (Haksever and Render, 2013).
• 32% of total U.S. exports or $502 billion, with a surplus of $132 billion over services imports (Ward, 2010).

• The World Bank attributes reductions in poverty levels to growth in the services sector than the contribution of growth in the agriculture or manufacturing sectors (World Bank, 2012).

• Almost 71% of global GDP in 2010 (World Bank, 2012).
• Growing more quickly than the agriculture and the manufacturing sectors (World Trade Organization, 2012).