Forecast: Production of Medium-High (2-Digit Definition) R&D Intensive Activities in the US

The production of medium-high R&D intensive activities in the US is forecasted to rise steadily from $3.77 trillion in 2024 to $4.07 trillion by 2028. Year-on-year growth is consistent, with production increasing approximately 2% annually. This reflects an ongoing commitment to R&D investment driven by technological advancements and increased competitive pressures. In 2023, the production stood just under $3.77 trillion, marking the starting point of this growth phase.

Future trends to watch include the impact of emerging technologies such as AI and automation, shifts in regulatory environments, and global economic conditions, which could either accelerate or moderate these growth projections.

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