Table V.B1.--Principal Economic Assumptions
Calendar Years 2003-80
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
2003 1.1 -0.2 -0.1 1.8 2.5 2.5 0.0
2004 2.7 -.1 -.1 2.4 5.5 3.0 2.5
2005 1.7 -.2 -.1 4.0 5.8 4.5 1.3
2006 .1 -.3 -.1 5.4 4.8 5.8 -1.1
2007 1.9 -.3 -.1 5.4 6.2 5.8 .4
2008 2.0 -.2 -.1 4.5 6.9 4.9 2.0
2009 1.2 -.3 -.1 3.8 5.0 4.1 .9
2010 1.2 -.2 -.1 3.7 4.5 4.0 .5
2011 1.2 -.2 -.1 3.7 4.6 4.0 .6
2012 1.3 -.2 -.1 3.7 4.6 4.0 .6
2013 1.3 -.2 -.1 3.7 4.7 4.0 .7
2014 1.3 -.3 -.1 3.7 4.6 4.0 .6
2015 1.3 -.3 -.1 3.7 4.6 4.0 .6
2016 1.3 -.3 -.1 3.7 4.6 4.0 .6
2017 1.3 -.3 -.1 3.7 4.5 4.0 .5
2018 1.3 -.3 -.1 3.7 4.6 4.0 .6
2019 1.3 -.3 -.1 3.7 4.5 4.0 .5
2020 1.3 -.3 -.1 3.7 4.6 4.0 .6
2021 1.3 -.3 -.1 3.7 4.6 4.0 .6
2022 1.3 -.3 -.1 3.7 4.6 4.0 .6
2023 1.3 -.3 -.1 3.7 4.6 4.0 .6
2024 1.3 -.3 -.1 3.7 4.6 4.0 .6
2025 1.3 -.3 -.1 3.7 4.6 4.0 .6
2026 1.3 -.3 -.1 3.7 4.6 4.0 .6
2027 1.3 -.3 -.1 3.7 4.6 4.0 .6
2028 1.3 -.3 -.1 3.7 4.6 4.0 .6
2029 1.3 -.3 -.1 3.7 4.6 4.0 .6
2030 1.3 -.3 -.1 3.7 4.6 4.0 .6
2031 1.3 -.3 -.1 3.7 4.6 4.0 .6
2032 1.3 -.3 -.1 3.7 4.7 4.0 .7
2033 1.3 -.3 -.1 3.7 4.7 4.0 .7
2034 1.3 -.3 -.1 3.7 4.6 4.0 .6
2035 1.3 -.3 -.1 3.7 4.6 4.0 .6
2036 1.3 -.3 -.1 3.7 4.6 4.0 .6
2037 1.3 -.3 -.1 3.7 4.6 4.0 .6
2038 1.3 -.3 -.1 3.7 4.6 4.0 .6
2039 1.3 -.3 -.1 3.7 4.6 4.0 .6
2040 1.3 -.3 -.1 3.7 4.6 4.0 .6
2041 1.3 -.3 -.1 3.7 4.6 4.0 .6
2042 1.3 -.3 -.1 3.7 4.6 4.0 .6
2043 1.3 -.3 -.1 3.7 4.6 4.0 .6
2044 1.3 -.3 -.1 3.7 4.6 4.0 .6
2045 1.3 -.3 -.1 3.7 4.6 4.0 .6
2046 1.3 -.3 -.1 3.7 4.6 4.0 .6
2047 1.3 -.3 -.1 3.7 4.6 4.0 .6
2048 1.3 -.3 -.1 3.7 4.6 4.0 .6
2049 1.3 -.3 -.1 3.7 4.6 4.0 .6
2050 1.3 -.3 -.1 3.7 4.6 4.0 .6
2051 1.3 -.3 -.1 3.7 4.5 4.0 .5
2052 1.3 -.3 -.1 3.7 4.6 4.0 .6
2053 1.3 -.3 -.1 3.7 4.6 4.0 .6
2054 1.3 -.3 -.1 3.7 4.6 4.0 .6
2055 1.3 -.3 -.1 3.7 4.6 4.0 .6
2056 1.3 -.3 -.1 3.7 4.6 4.0 .6
2057 1.3 -.3 -.1 3.7 4.6 4.0 .6
2058 1.3 -.3 -.1 3.7 4.6 4.0 .6
2059 1.3 -.3 -.1 3.7 4.6 4.0 .6
2060 1.3 -.3 -.1 3.7 4.6 4.0 .6
2061 1.3 -.3 -.1 3.7 4.6 4.0 .6
2062 1.3 -.3 -.1 3.7 4.6 4.0 .6
2063 1.3 -.3 -.1 3.7 4.6 4.0 .6
2064 1.3 -.3 -.1 3.7 4.6 4.0 .6
2065 1.3 -.3 -.1 3.7 4.6 4.0 .6
2066 1.3 -.3 -.1 3.7 4.6 4.0 .6
2067 1.3 -.3 -.1 3.7 4.6 4.0 .6
2068 1.3 -.3 -.1 3.7 4.6 4.0 .6
2069 1.3 -.3 -.1 3.7 4.6 4.0 .6
2070 1.3 -.3 -.1 3.7 4.6 4.0 .6
2071 1.3 -.3 -.1 3.7 4.6 4.0 .6
2072 1.3 -.3 -.1 3.7 4.6 4.0 .6
2073 1.3 -.3 -.1 3.7 4.6 4.0 .6
2074 1.3 -.3 -.1 3.7 4.6 4.0 .6
2075 1.3 -.3 -.1 3.7 4.6 4.0 .6
2076 1.3 -.3 -.1 3.7 4.6 4.0 .6
2077 1.3 -.3 -.1 3.7 4.6 4.0 .6
2078 1.3 -.3 -.1 3.7 4.6 4.0 .6
2079 1.3 -.3 -.1 3.7 4.6 4.0 .6
2080 1.3 -.3 -.1 3.7 4.6 4.0 .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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