U.S Dominance falls in Global Services Economy

The U.S. has grown from a technological powerhouse to the undisputed champion of the global economy for services over the past half-century.

Several of the softness of service exports is likely to represent cyclical factors like a strong dollar or weakening foreign economies. Yet economists say it's hard to pin the decrease in surplus solely on such problems. We point to other factors — some economic, some more tectonic &md....