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NSF: Federal Funding for R&D, Facilities Fell 9% in FY 2013

1 min read

budget analysis reviewA recent National Center for Science and Engineering Statistics report has found a 9 percent decline in federal funding for research and development, facilities and related equipment in fiscal year 2013.

The National Science Foundation said Thursday the NCSES InfoBrief shows that federal agencies spent a total of $127 billion on R&D in 2013, compared with $141 billion in fiscal year 2012.

Meanwhile, federal funding for R&D activities at the Pentagon, which constituted half of all federal R&D funds in 2013, fell by 14 percent to $10 billion during the period, while R&D obligations at NASA dropped by 3 percent.

Aside from the two agencies, NSF and the departments of Health and Human Services and Energy also experienced a decline in federal R&D spending, according to the report.

The InfoBrief predicts that federal funding for R&D, fixed equipment and facilities in fiscal years 2014 and 2015 will respectively increase by 3 percent and 2 percent.

 

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