Real gross product is forecast to expand at a 2.66% annual pace, resulting in a gain of approximately $69.7 billion over the next 30 years. The manufacturing industries are expected to contribute the most to this growth with an increase of about $17.8 billion from 2023 to 2053, followed by the mining industries, with an increase of roughly $11.3 billion over the same time period.

Wage & salary employment is projected to grow by nearly 218,300 net new positions, an increase of 1.43% per year from 2023 to 2053. The largest source of job growth over the next 30 years is projected to occur in the accommodation and food services industries (almost 30,700 new jobs) and the health and social services industries (over 29,900 new jobs).