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Policy

U.S. business spending on R&D was up in 2015

by Andrea Widener
September 25, 2017 | A version of this story appeared in Volume 95, Issue 38
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Chart shows types of funding that came in for the U.S. chemical industry's R&D in 2015.
National Science Foundation

Companies spent $356 billion on research and development in the U.S. in 2015, up more than 4% from the year before, according to the National Science Foundation. Development accounted for 78% of that spending, followed by applied and basic research. Chemical manufacturing companies, including the pharmaceutical industry, spent over $68 billion in 2015.

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