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After the year 2008 when the world’s largest economy got worst effected by recession, there were a lot of adverse changes that happened made the market conditions not in a good shape. However the growth in the economy as actually started with the apparent growth in the service sector. After the year 2008 it is the first time the growth rate of the service sector was measured to be 55.4 which is much higher than other indexes. It has not just boosted the American service sector but has also given hope to the people of the great nation of getting the situation absolutely perfect and economy grows stronger.