service industries

Non-manufacturing economic sector

Service industries are sectors of the economy that provide intangible goods—work performed rather than physical products manufactured.

This includes healthcare, education, finance, hospitality, retail, transportation, and entertainment.

Most developed economies have shifted toward service industries as manufacturing has declined: The service industries now account for over 70% of GDP.

Related

tourism · industries · occupations · small businesses · outsourcing · transportation · information systems · firefighting · consulting · entrepreneurship · local businesses · concierge · catering · hair salon · personal trainer · white collar · amenities · hotels

Opposites
economic sector type

service industriesmanufacturing

Industrial product creation

agriculture · manufacturing sector · mining · industrial sector · construction

output tangibility

service industriesindustrial production

Goods made by factories

economic development stage

service industriesindustrial economy

Production-centered economic system

agrarian economy · smokestack industries

Family

service, industry, services, industrial, servicing, serviced, serviceman, servicemen, unserviced

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G