Table 1.

National Changes Follow Statewide Direction

Indicator 2026 2027 2028 2029 2030
U.S. Economic Growth (GDP) 2.2% (+0.8) 1.8% (-0.3) 1.8% (-0.1) 1.8% (-0.1) 1.8%
Thousands of New Jobs 271 (+52) 729 (-147) 429 (-351) 400 (-380) 400
Unemployment Rate 4.6% (+0.1) 4.5% (+0.2) 4.5% (+0.4) 4.3% (+0.2) 4.2%
Income Growth 5.5% (+0.9) 5.6% (+0.6) 5.2% (+0.6) 4.9% (+0.4) 4.7%
Source: Congressional Budget Office (CBO) and TD Economics