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Employment Projections
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Real gross domestic product by major demand category
Other available formats (XLSX)
| Category | 2005 | 2015 | 2025 | 2035 | Compound annual rate of change, 2005–15 |
Compound annual rate of change, 2015–25 |
Compound annual rate of change, 2025–35 |
|---|---|---|---|---|---|---|---|
|
Gross domestic product |
15,988.0 | 18,799.6 | 23,864.5 | 29,259.2 | 1.6 | 2.4 | 2.1 |
|
Personal consumption expenditures |
10,677.4 | 12,638.8 | 16,515.0 | 21,060.0 | 1.7 | 2.7 | 2.5 |
|
Gross private domestic investment |
2,782.2 | 3,323.4 | 4,434.6 | 5,985.4 | 1.8 | 2.9 | 3.0 |
|
Nonresidential equipment |
737.2 | 1,127.2 | 1,419.5 | 2,030.5 | 4.3 | 2.3 | 3.6 |
|
Nonresidential intellectual property products |
491.7 | 774.0 | 1,598.3 | 2,371.6 | 4.6 | 7.5 | 4.0 |
|
Nonresidential structures |
512.7 | 598.2 | 659.2 | 778.5 | 1.6 | 1.0 | 1.7 |
|
Residential structures |
1,093.0 | 693.2 | 773.2 | 864.3 | -4.5 | 1.1 | 1.1 |
|
Change in private inventories |
67.1 | 133.6 | 29.0 | 112.1 | 7.1 | -14.2 | 14.5 |
|
Exports |
1,466.0 | 2,283.1 | 2,679.5 | 3,536.0 | 4.5 | 1.6 | 2.8 |
|
Imports |
2,177.3 | 2,759.5 | 3,765.5 | 5,450.0 | 2.4 | 3.2 | 3.8 |
|
Government consumption expenditures and gross investment |
3,226.2 | 3,313.6 | 3,991.1 | 4,038.1 | 0.3 | 1.9 | 0.1 |
|
Federal defense, consumption expenditures |
590.0 | 597.9 | 667.5 | 673.4 | 0.1 | 1.1 | 0.1 |
|
Federal defense, gross investment |
148.4 | 146.9 | 207.7 | 225.3 | -0.1 | 3.5 | 0.8 |
|
Federal nondefense, consumption expenditures |
317.8 | 381.0 | 444.7 | 432.9 | 1.8 | 1.6 | -0.3 |
|
Federal nondefense, gross investment |
102.9 | 126.9 | 192.3 | 167.5 | 2.1 | 4.2 | -1.4 |
|
State and local, consumption expenditures |
1,669.1 | 1,691.9 | 2,013.0 | 2,048.0 | 0.1 | 1.8 | 0.2 |
|
State and local, gross investment |
404.3 | 368.9 | 465.3 | 488.7 | -0.9 | 2.4 | 0.5 |
|
Addendum: |
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|
GDP per capita (chained 2017 dollars) |
54,034.7 | 58,360.1 | 69,812.6 | 83,392.5 | 0.8 | 1.8 | 1.8 |
|
Note: GDP subcategories do not necessarily add to higher categories due to chain-weighting and rounding. Imports are subtracted from the other components of GDP because they are not produced in the United States. Historical data are from the U.S. Bureau of Economic Analysis. Historic data may differ slightly from the Bureau of Economic Analysis due to differences in the precision of the multiplier used to convert nominal data to real. Source: U.S. Bureau of Labor Statistics. |
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Last modified date: August 27, 2026