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News Release 18-093
Businesses spent $375 billion on R&D performance in US in 2016
R&D spending increased 5.3 percent from 2015
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![A scientist holds an electronic circuit with a set of tweezers.](/news/mmg/media/images/shutterstock_237070522_f.jpg)
Businesses spent a total of $375 billion on research and development performance in the United States in 2016, an increase of 5.3 percent from 2015.
Credit: vchal/Shutterstock.com