R&D turns upward in US

Expenditures in calendar year 1981 for research and development in the United States are expected to reach $68.6 billion, according to the annual forecast of the Battelle Columbus Laboratories. This represents an increase of $8.2 billion (13.7 percent) over the $60.4 billion that the National Science Foundation estimates was to be actually spent for R&D in 1980.

While most of the increase will be absorbed by continued inflation (estimated at 9.9 percent in 1981), Battelle forecasts a realm increase in R&D expenditures of 3.8 percent. This is slightly higher than the seven-year average rate of 3.4 percent in real R&D effort that has been experienced since 1973.

For 1981, Battelle sees an increase of 14.0 percent in federal support for R&D, with funding expected to be about $33.7 billion. This is 49.1 percent of the total R&D expenditures for 1981.

Industrial funding is forecast to be $32.4 billion, up 12.9 percent from 1980 . This sector is expected to account for 47.2 percent of the total R&D funding. Funding by academic institutions is expected to be $1.4 billion (2.1 percent of the total), and other nonpro fit organizations will provide $1.1 billion (1.6 percent).

You've read 3 of 3 free articles. Subscribe to continue.
QR Code to R&D turns upward in US
Read this article in
https://www.csmonitor.com/1981/0126/012616.html
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe
CSM logo

Why is Christian Science in our name?

Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that.

The Church publishes the Monitor because it sees good journalism as vital to progress in the world. Since 1908, we’ve aimed “to injure no man, but to bless all mankind,” as our founder, Mary Baker Eddy, put it.

Here, you’ll find award-winning journalism not driven by commercial influences – a news organization that takes seriously its mission to uplift the world by seeking solutions and finding reasons for credible hope.

Explore values journalism About us