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NSF: U.S. R&D Spending Continued to Grow in 2008
Despite the depth of the economic recession, preliminary estimates by the National Science Foundation indicate that U.S. R&D expenditures totaled $397.6 billion in 2008, up from $372.5 billion in 2007. This increase in overall national R&D performance represented growth in 2008 of 6.7 percent over the 2007 level. It also substantially exceeded the pace of growth in U.S. gross domestic product over the same year, which was 3.3 percent. Read more at: http://www.nsf.gov/statistics/infbrief/nsf10312/?WT.mc_id=USNSF_179