In 2023, the value added of high- and medium-high R&D intensive activities in the US stood at approximately $2.54 trillion. The forecasted data from 2024 to 2028 indicates a steady year-on-year growth, with percentage increases as follows: 2.25% in 2025, 2.16% in 2026, 2.06% in 2027, and 1.98% in 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is projected at approximately 2.18%, reflecting a consistent upward trend in these activities.
Future trends to watch include:
- The impact of technological advancements and emerging industries on growth rates.
- Regulatory changes affecting R&D investments.
- Potential shifts in global supply chains that could influence value-added outcomes in these industries.