The forecast indicates a steady increase in US business enterprise R&D expenditure, rising each year from 2.85% of GDP in 2024 to 2.96% in 2028. This represents a year-on-year growth ranging from approximately 1.4% to 0.7%. The compound annual growth rate over the five-year forecast period is modest, reflecting a stable commitment to R&D as a proportion of GDP.
Future trends to watch for include potential impacts of macroeconomic fluctuations on R&D spending, shifts in industry priorities toward emerging technologies, and policy changes affecting innovation incentives.
