In 2023, R&D productivity contributed 0.88 percentage points to capital growth in the US. Forecasted data indicates a steady increase from 0.88 in 2024 to 1 in 2028. This consistent rise highlights a positive trend, averaging an annual growth rate (CAGR) of approximately 3.18% over five years. This suggests growing efficiency and innovation in R&D initiatives contributing to capital growth.
Future trends to watch:
- Continued government and private sector investments in R&D.
- The potential impact of emerging technologies on productivity.
- Shifts in global economic conditions affecting R&D funding and focus.
