Monday, May 18, 2015

Latest Figures Show Decline in Federal Funding for R&D, Equipment, Facilities in FY 2013

National Science Foundation
May 14, 2015

Federal agency funding for research and development and R&D plant (facilities and fixed equipment used for R&D) fell by 9 percent in fiscal year 2013, according to a new InfoBrief from the National Center for Science and Engineering Statistics (NCSES).

NCSES found that total federal agency obligations dropped from $141 billion to $127 billion between fiscal 2012 and fiscal 2013. Funding dropped by 4 percent for research, 14 percent for development and 11 percent for R&D plant, according to the NCSES report.