Us Gdp Projections 2025 By State. Those changes are largely the result of higher projections of gdp and the associated components of taxable income, including wages, salaries, and corporate profits. These forecasts follow expected 2.7% growth this year.
The economy should expand at an upwardly revised pace of 2.3% in 2025 (from 2.0% in the december forecast) or 2.0% q4/q4 in 2025 (from 1.8%). In 2023, real gross domestic product (gdp) increased in 2,357 counties, decreased in 734 counties, and was unchanged in 23 counties.