New Data From NSF: “U.S. R&D Increased in 2013, Well Ahead of the Pace of Gross Domestic Product”
From a National Science Foundation Info Brief:
Research and development performed in the United States totaled $456.1 billion in 2013, according to new data from the National Center for Science and Engineering Statistics, National Science Foundation (NSF) (table 1). This is compared to $435.3 billion in 2012 (revised downward from an earlier estimate) and $427.8 billion in 2011. In 2008—just before the onset of the main economic effects of the national and international financial crisis and the Great Recession—U.S. R&D totaled $407.0 billion.
In 2013, U.S. total R&D increased by $20.7 billion over the 2012 level. This is on top of gains of $7.5 billion in 2012 and $19.6 billion in 2011—in contrast to the negligible changes in 2009 and 2010. Much of the increase in these most recent years has arisen from a return of sizable yearly increases in business R&D performance. (All amounts and calculations are in current dollars, unless otherwise noted.)
About Gary Price
Gary Price (firstname.lastname@example.org) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.