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News Release 17-089

Business R&D performed in US reached $356 billion in 2015

Business R&D funding increased 4.4 percent from 2014 level

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Pie chart showing business spending on R&D in the US in 2015.

Business R&D performed in the United States reached $356 billion in 2015, a 4.4 percent increase from 2014. Companies spent $278 billion (78 percent) on development, $56 billion (16 percent) on applied research, and $22 billion (6 percent) on basic research.

Credit: NSF: Rob Margetta


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