Innovation activity is at an all-time high. Using patents as a proxy for innovation, there were more unique inventions that were published applications or granted patents over the last year than ever before in the history of humankind. Another finding this year is that while patent activity has been on an upward climb, its ascent over the past year was the slowest since the global economic recession in 2009. This could be the result of myriad factors, from changes in legislation to economic, political, social or industry stresses.
Drawing on its biennial Science and Engineering Indicators report, the NSB's latest report highlights the growing need for STEM knowledge and skills in a 21st Century economy. In 2010, 16.5 million individuals--including many in non-STEM jobs, such as sales, marketing and management--reported that their job required at least a bachelor's degree level of science and engineering (S&E) expertise. This represents about three times the number of individuals working in occupations classified as S&E (5.4 million).
Budget of the United States Government, Fiscal Year 2016 contains the Budget Message of the President, information on the President’s priorities, and summary tables. Analytical Perspectives, Budget of the United States Government, Fiscal Year 2016 contains analyses that are designed to highlight specified subject areas or provide other significant presentations of budget data that place the budget in perspective.