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Budget and economic projections, 2021-07

Economic projections: This file presents data that supplement CBO's July 2021 report An Update to the Budget and Economic Outlook: 2021 to 2031.

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10-Year Treasury Note
10-year Treasury note rate in 2021: 1.613 %
cbo-projections-2021-07-001
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Consumer Price Index, All Urban Consumers (CPI-U) (level)
CPI-U inflation in 2021: 3.273 %
cbo-projections-2021-07-006
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deficit, Total (baselines.csv)
federal budget deficit in 2021: -3008.013 billion USD (negative = deficit)
cbo-projections-2021-07-011
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Real GDP (level)
real GDP growth in 2021: 6.683 %

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10-Year Treasury Note
10-year Treasury note rate in 2022: 1.896 %
cbo-projections-2021-07-002
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Consumer Price Index, All Urban Consumers (CPI-U) (level)
CPI-U inflation in 2022: 2.462 %
cbo-projections-2021-07-007
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deficit, Total (baselines.csv)
federal budget deficit in 2022: -1147.824 billion USD (negative = deficit)
cbo-projections-2021-07-012
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Real GDP (level)
real GDP growth in 2022: 4.992 %
cbo-projections-2021-07-017
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Unemployment Rate, Civilian, 16 Years or Older
unemployment rate in 2022: 3.811 %
cbo-projections-2021-07-022

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10-Year Treasury Note
10-year Treasury note rate in 2023: 2.029 %
cbo-projections-2021-07-003
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Consumer Price Index, All Urban Consumers (CPI-U) (level)
CPI-U inflation in 2023: 2.293 %
cbo-projections-2021-07-008
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deficit, Total (baselines.csv)
federal budget deficit in 2023: -781.917 billion USD (negative = deficit)
cbo-projections-2021-07-013
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Real GDP (level)
real GDP growth in 2023: 1.535 %
cbo-projections-2021-07-018
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Unemployment Rate, Civilian, 16 Years or Older
unemployment rate in 2023: 3.748 %
cbo-projections-2021-07-023

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10-Year Treasury Note
10-year Treasury note rate in 2024: 2.288 %
cbo-projections-2021-07-004
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Consumer Price Index, All Urban Consumers (CPI-U) (level)
CPI-U inflation in 2024: 2.362 %
cbo-projections-2021-07-009
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deficit, Total (baselines.csv)
federal budget deficit in 2024: -744.614 billion USD (negative = deficit)
cbo-projections-2021-07-014
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Real GDP (level)
real GDP growth in 2024: 1.088 %
cbo-projections-2021-07-019
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Unemployment Rate, Civilian, 16 Years or Older
unemployment rate in 2024: 3.996 %
cbo-projections-2021-07-024

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10-Year Treasury Note
10-year Treasury note rate in 2025: 2.565 %
cbo-projections-2021-07-005
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Consumer Price Index, All Urban Consumers (CPI-U) (level)
CPI-U inflation in 2025: 2.414 %
cbo-projections-2021-07-010
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deficit, Total (baselines.csv)
federal budget deficit in 2025: -989.782 billion USD (negative = deficit)
cbo-projections-2021-07-015
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Real GDP (level)
real GDP growth in 2025: 1.261 %
cbo-projections-2021-07-020
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Unemployment Rate, Civilian, 16 Years or Older
unemployment rate in 2025: 4.195 %
cbo-projections-2021-07-025