Federal R & D Obligations Increase 8.8 % in FY 2018 ; Preliminary FY 2019 R & D Obligations Increase 9.3 % Over FY 2018

Federal obligations for research and development totaled $ 129.4 billion in FY 2018, up 8.8 % from FY 2017. Federal obligations for research increased 6.7 % to $ 74.6 billion in FY 2018, while experimental development increased 11.7 % to $ 54.8 billion. Preliminary estimates for FY 2019 obligations indicate further increases in R&D to an estimated level of $ 141.5 billion, an increase of 9.3 % from FY 2018, with $ 83.4 billion for research and $ 58.1 billion for experimental development. Data are from the Survey of Federal Funds for Research and Development, sponsored by the National Center for Science and Engineering Statistics within the National Science Foundation.

Source: NSF - Statistics on U.S. Science and Engineering Resources - January 30, 2020 Category: Statistics Source Type: news