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U.S. Industry Sustains R&D Expenditures During 2001 Despite Decline in Performers Aggregate Sales

The 2001 survey of industrial research and development (R&D) expenditures from the National Science Foundation (NSF) found that company funding of R&D totaled $181.6 billion in 2001. Before adjusting for inflation, the amount is up from the 2000 total of $180.4 billion. In constant dollars, industrial R&D expenditures declined less than one percent.