Projections Suggest 3.8% Income Growth Will Be Required to Keep Up In Growing U.S. Economy
Wednesday, March 4, 2015

Based upon Congressional Budget Office (CBO) projections for 2015 U.S. Economic growth and current population growth trends, StayingEven.com projects that 2015 income growth of 3.8% will be required for individuals to keep up in the growing U.S. economy.  This is significantly higher than the projected 1.1% increase in inflation (CPI) during the period and is based upon projected nominal GDP growth of 4.5% and population growth of 0.7%. 

These projections suggest that individuals whose 2015 total income from all sources grows by more than 3.8% from 2014 will expand their adjusted share of the U.S. economy, and those whose total income grows by less than this will fall behind during the year.   This required growth is on top of a 3.1% increase in the Staying Even Index during 2014 and would bring 2-year required income growth to 7% and 5-year growth to over 17%.

StayingEven.com will publish updates to these forecasts and estimates as GDP and population estimates are revised over the coming months and as actual GDP figures are released.  We are dedicated to helping individuals understand what income growth is required to keep up in the U.S. Economy. 

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