Fueled by businesses, US R&D performance eclipses half-trillion dollar mark in 2016 and 2017

March 17, 2019

For the first time, total research and development performed in the United States has surpassed $500 billion, reaching $515.3 billion in 2016, a $22 billion (4.4 percent) increase from the previous year, according to a recent info brief from the National Science Foundation.