| Table V.B1--Principal Economic Assumptions, Calendar Years 2001-2075
Intermediate Cost Assumptions |
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| Calendar year | Average annual percentage increase in--
|
Real-wage differential 1 |
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|---|---|---|---|---|---|---|---|
| Earnings as a percent of compensation |
Average hours worked |
GDP price index |
Average annual wage in covered employment |
Consumer Price Index 2 |
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| 2001 | 2.1 | -0.3 | 0.2 | 2.3 | 4.9 | 3.0 | 1.9 |
| 2002 | 2.1 | -.1 | .1 | 2.3 | 4.8 | 2.9 | 1.9 |
| 2003 | 1.9 | -.1 | .1 | 2.5 | 4.3 | 3.0 | 1.3 |
| 2004 | 1.8 | -.1 | .0 | 2.7 | 4.3 | 3.1 | 1.2 |
| 2005 | 1.6 | -.2 | .0 | 2.9 | 4.4 | 3.2 | 1.2 |
| 2006 | 1.5 | -.2 | .0 | 3.1 | 4.4 | 3.3 | 1.2 |
| 2007 | 1.4 | -.2 | .0 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2008 | 1.5 | -.2 | -.1 | 3.1 | 4.2 | 3.3 | .9 |
| 2009 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2010 | 1.4 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2011 | 1.5 | -.2 | -.1 | 3.1 | 4.4 | 3.3 | 1.1 |
| 2012 | 1.5 | -.2 | -.1 | 3.1 | 4.4 | 3.3 | 1.2 |
| 2013 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2014 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2015 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2016 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2017 | 1.5 | -.2 | -.1 | 3.1 | 4.4 | 3.3 | 1.0 |
| 2018 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2019 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2020 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2021 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2022 | 1.5 | -.2 | -.1 | 3.1 | 4.4 | 3.3 | 1.1 |
| 2023 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2024 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2025 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2026 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2027 | 1.5 | -.2 | -.1 | 3.1 | 4.4 | 3.3 | 1.1 |
| 2028 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2029 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2030 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2031 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2032 | 1.5 | -.2 | -.1 | 3.1 | 4.4 | 3.3 | 1.1 |
| 2033 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2034 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2035 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2036 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2037 | 1.5 | -.2 | -.1 | 3.1 | 4.4 | 3.3 | 1.1 |
| 2038 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.1 |
| 2039 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2040 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2041 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2042 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2043 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2044 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2045 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2046 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2047 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2048 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2049 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2050 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2051 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2052 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2053 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2054 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2055 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2056 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2057 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2058 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2059 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2060 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2061 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2062 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2063 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2064 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2065 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2066 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2067 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2068 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2069 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2070 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2071 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2072 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2073 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2074 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
| 2075 | 1.5 | -.2 | -.1 | 3.1 | 4.3 | 3.3 | 1.0 |
|
1The real-wage differential is the difference between the percentage increases, before rounding, in the average
annual wage in covered employment, and the average annual Consumer Price Index.
2The Consumer Price Index is the annual average value for the calendar year of the Consumer Price index for Urban Wage Earners and Clerical Workers(CPI-W). |
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