JCT CoatingsTech, March 1st, 2006
In 2006, the total funding for research and development efforts in the U.S. is expected to increase by approximately 2.9% to $329 billion, according to the annual R & D forecast report issued by Battelle--R & D Magazine. An estimated $320 billion was spent in 2005, which covers all research and development expenditures across the industry, government, and academia sectors.
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Broken down by segments, the U.S. government is expected to spend $96.6 billion on R & D efforts in 2006, a modest 1.8% increase over 2005; the industrial sector is to reach $211.9 billion, a 3.5% ...
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