U.S. R&D Increased 6.0% in 2006

Read the full InfoBrief from the National Science Foundation.

Lead: "Current-dollar R&D conducted in the United States increased 6.0%, or $19.3 billion, in 2006 to a level of $342.9 billion, according to projections released by the National Science Foundation (NSF) (table 1). In 2005, current-dollar R&D had increased 7.8%, or $23.5 billion, to $323.5 billion. Estimates for 2005 and 2006 are based on projections and survey data that are incomplete or subject to further revision."

Comment: I am glad to see R&D expenditures in the United States continue to grow as the world moves more fully into a global knowledge economy. JAD