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An Update to the Demographic Outlook, 2025 to 2055

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  • Congressional Budget Office

Abstract

CBO projects that the U.S. population will increase from 350 million people in 2025 to 367 million people in 2055. It will be smaller and grow more slowly over the next 30 years, on average, than the agency previously projected it would. Those changes stem from lower projected net immigration through 2033 and lower fertility rates over the 2025–2055 period than the agency projected in January. In CBO's current projections, the population in 2035 is 4.5 million people smaller (or 1.2 percent) than it was projected to be in the agency's January projections.

Suggested Citation

  • Congressional Budget Office, 2025. "An Update to the Demographic Outlook, 2025 to 2055," Reports 61390, Congressional Budget Office.
    • Handle: RePEc:cbo:report:61390
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    File URL: https://www.cbo.gov/system/files/2025-09/61390-demographic-update.pdf
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    More about this item

    JEL classification:

    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination

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