Preliminary estimates by the National Science Foundation (NSF) indicate that U.S. expenditures to perform research and development (R&D) totaled $397.6 billion in 2008, up from $372.5 billion in 2007. This increase in overall national R&D performance represented growth in 2008 of 6.7% over the 2007 level . It also substantially exceeded the pace of growth in U.S. gross domestic product (GDP) over the same year, which was 3.3%.Comment: Good news, but R&D budgets for 2008 were decided before the current economic crisis. Lets see what the data show for 2009 and 2010!
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