Press Release 13-098
Research and Development Funding for Businesses Was Virtually Unchanged Between 2009 and 2010
New NSF report shows steady level during this period
June 4, 2013
The National Science Foundation (NSF) recently released a report detailing that the amount companies spent on U.S. research and development (R&D) during 2010 was essentially unchanged from the amount spent in 2009.
In 2009, businesses spent $282 billion on R&D performed in the United States, compared with $279 billion in 2010. Of the $279 billion, the U.S. federal government provided $34 billion of funding for company-performed domestic R&D.
In 2010, businesses in manufacturing industries performed $197 billion of domestic R&D; those in nonmanufacturing industries performed $82 billion.
For more information on this report, please contact Raymond Wolfe.
Please visit the NSF's National Center for Science and Engineering Statistics (NCSES) for more reports and other products.
Deborah Wing, NSF, (703) 292-5344, email@example.com
Raymond M. Wolfe, NSF, (703) 292-7789, firstname.lastname@example.org
The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering. In fiscal year (FY) 2014, its budget is $7.2 billion. NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and other institutions. Each year, NSF receives about 50,000 competitive requests for funding, and makes about 11,500 new funding awards. NSF also awards about $593 million in professional and service contracts yearly.
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