Business Enterprise R&D expenditure in the US wholesale and retail trade sector, including the repair of motor vehicles and motorcycles, is forecasted to grow steadily from 2024 to 2028. Compared to an estimated base of 2023 actuals, the data suggests a rising trend, reflecting a year-on-year increase that averages around 7% in the early forecast period.
Future trends to watch for include the evolution of digital transformation, efforts towards sustainability, and the integration of advanced technologies like AI and machine learning in operations, which could frame the landscape of innovation and investment in this sector.
