ERIC Number: ED124423
Record Type: Non-Journal
Publication Date: 1976-May-21
Reference Count: N/A
R&D Spending to Top $38 Billion in 1976. Science Resources Studies Highlights, May 21, 1976.
National Science Foundation, Washington, DC. Div. of Science Resources Studies.
This report presents data compiled as part of a comprehensive program to measure and analyze the nation's resources expended for research and development. R&D spending in the United States is expected to reach $38.1 billion in 1976, 8 percent above the 1975 level. For the first time in three years, R&D funds are expected to increase in terms of constant dollars - 2 percent - assuming a 6 percent rate of inflation for 1976. Other figures shown in this report show that the Federal Government is expected to spend $20.1 billion on R&D programs in 1976 with most of the increase planned for areas of defense, space, and energy. Non-Federal R&D support is also expected to increase by 8 percent over the 1975 level, to $18.0 billion in 1976. Industry will provide 92 percent of the funds. Graphed data are presented to show R&D funding trends for the period 1967 through 1976. Tabulated data presents funds, by performer (Federal Government, Industry, Universities and Colleges, Associated FFRDC's and other nonprofit institutions) for years 1972 through 1976. The data given exclude universities and colleges department research. (Author/EB)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: National Science Foundation, Washington, DC. Div. of Science Resources Studies.