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Growing Service Industries Shows Improving Economy in U.S.

    The service industry has always been one to thrive, as people love to be served, but in recent months there has been a large growth seen that is really helping the U.S economy. This article states that the report is "consistent with moderate growth in the economy- not exactly booming, but not weak either". This seems to be a much more healthy way for the economy to grow because it is a strong and steady incline, as opposed to a weak and unpredictable spike. Hearing this makes me think that the population is in an overall better general mood because they are spending more and accepting services more than before. I think that this is sort of a snowball effect; when one starts to buy and spend more, it makes them feel better and want to buy and spend more. Personally, when i start eating out or i go to get my nails done, I begin to do it more often because of the satisfaction I get. In the end, we are all seeking after constant gratification.
   This article states that the growth is mainly seen in the entertainment, real estate, hotel, and restaurant businesses. I think that this also may have to do with the summer months. People have more time to travel and do leisure activities when school is not in session. I wonder if this growth will diminish once the school year rolls around. However, as I said before, it is reassuring to see that this growth has been steady month after month and not a recent spike. This slow, incremental growth really is much more promising for these service industries. Another thing that may be causing this growth is that as people begin new jobs with the economy improving, families are bringing  home more money, thus increasing their consumer confidence. They buy more and do more.
  However, there will come a time, I think, where everyone will reach their own consumer capacity. The only thing that will continue to fuel the growth is people making more and more money so they can spend more and more money. I personally think that is a huge problem with America, we are constantly seeking growth and wanting more. Some may believe that this is how to keep the country thriving and healthy, but does taking away the simplicity of life truly make one healthy and happy?