When macroeconomic stimulus is combined with industrial weakness, services growth becomes very high

To varying degrees i n the United States, the euro zone, Japan and China , there is currently : Strong macroeconomic stimulus (expansionary fiscal and monetary policies, fall in inflation); I ndustr ial weakness (due to the global decline in demand for industrial capital goods and cars). This inevitably results in high growth in services, which benefit from all the macroeconomic stimulus.