Table V.B1--Principal Economic Assumptions, Calendar Years 2002-2080
High Cost Assumptions

Average annual percentage increase in--

Calendar year Productivity
(Total U.S.
economy)		 Earnings as
a percent of
compensation		 Average
hours
worked		 GDP
price
index		 Average
annual wage in
covered employment		 Consumer
Price
Index 2		 Real-wage
differential 1
2002 1.2 -0.1 0.1 1.6 2.5 1.4 1.0
2003 2.7 -0.1 -0.2 2.6 5.5 3.2 2.3
2004 1.7 -0.2 -0.2 4.1 5.4 4.6 0.8
2005 0.1 -0.3 -0.2 5.4 4.3 5.8 -1.6
2006 1.9 -0.3 -0.2 5.3 5.7 5.8 -0.1
2007 2.0 -0.2 -0.2 4.5 6.4 4.9 1.5
2008 1.2 -0.3 -0.2 3.8 4.6 4.1 0.5
2009 1.2 -0.3 -0.2 3.7 4.3 4.0 0.3
2010 1.2 -0.3 -0.2 3.8 4.4 4.0 0.4
2011 1.3 -0.3 -0.2 3.8 4.5 4.0 0.5
2012 1.3 -0.3 -0.2 3.8 4.7 4.0 0.7
2013 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2014 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2015 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2016 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2017 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2018 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2019 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2020 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2021 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2022 1.3 -0.3 -0.2 3.8 4.7 4.0 0.7
2023 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2024 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2025 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2026 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2027 1.3 -0.3 -0.2 3.8 4.7 4.0 0.7
2028 1.3 -0.3 -0.2 3.8 4.7 4.0 0.7
2029 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2030 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2031 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2032 1.3 -0.3 -0.2 3.8 4.7 4.0 0.7
2033 1.3 -0.3 -0.2 3.8 4.7 4.0 0.7
2034 1.3 -0.3 -0.2 3.8 4.7 4.0 0.7
2035 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2036 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2037 1.3 -0.3 -0.2 3.8 4.7 4.0 0.7
2038 1.3 -0.3 -0.2 3.8 4.7 4.0 0.7
2039 1.3 -0.3 -0.2 3.8 4.7 4.0 0.7
2040 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2041 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2042 1.3 -0.3 -0.2 3.8 4.7 4.0 0.7
2043 1.3 -0.3 -0.2 3.8 4.7 4.0 0.7
2044 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2045 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2046 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2047 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2048 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2049 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2050 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2051 1.3 -0.3 -0.2 3.8 4.5 4.0 0.5
2052 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2053 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2054 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2055 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2056 1.3 -0.3 -0.2 3.8 4.5 4.0 0.5
2057 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2058 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2059 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2060 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2061 1.3 -0.3 -0.2 3.8 4.5 4.0 0.5
2062 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2063 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2064 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2065 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2066 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2067 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2068 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2069 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2070 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2071 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2072 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2073 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2074 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2075 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2076 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2077 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2078 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2079 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
2080 1.3 -0.3 -0.2 3.8 4.6 4.0 0.6
1 The real-wage differential is the difference between the percentage increases, before rounding, in the average annual wage in covered employment, and the average annual Consumer Price Index.
2 The Consumer Price Index is the annual average value for the calendar year of the Consumer Price index for Urban Wage Earners and Clerical Workers(CPI-W).

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