Businesses spent $375 billion on R&D performance in US in 2016

October 18, 2018

Businesses spent a total of $375 billion on research and development (R&D) performance in the United States in 2016, an increase of 5.3 percent from 2015. Funding from companies' own sources was $318 billion in 2016, an increase of 7 percent from 2015. Funding from other sources was $57 billion in 2016 and $59 billion in 2015.

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