Total Federal Research and Development Funding Down 1% in FY 2015, but Funding for Research Up 1%

Current-dollar federal obligations for all research and development and R&D plant decreased 1% from FY 2014 to FY 2015 to $131.4 billion. Agencies estimate an 8% increase to $142.6 billion in FY 2016 and project a 2% increase to $145.4 billion in FY 2017. Obligations for research increased 1% to $63.6 billion in FY 2015. Data are from the Survey of Federal Funds for Research and Development: FYs 2015-17, National Center for Science and Engineering Statistics.

Source: NSF - Statistics on U.S. Science and Engineering Resources - March 21, 2017 Category: Statistics Source Type: news