Estimated federal funding for R&D and R&D plant is expected to decrease 1%, to $72 billion in fiscal year 1995. Contributing to this decline is a 26% drop in R&D plant obligations (to $2 billion) and a 1% decrease in development funding (to $41 billion). Research spending will increase slightly, by 1/2 of 1% (to $28 billion). This report includes R&D funding levels as reported by 32 Federal agencies and their subdivisions -- 105 individual respondents -- in March through October 1994. All agencies with R&D programs are covered. Charts and tables.

Estimated federal funding for R&D and R&D plant is expected to decrease 1%, to $72 billion in fiscal year 1995. Contributing to this decline is a 26% drop in R&D plant obligations (to $2 billion) and a 1% decrease in development funding (to $41 billion). Research spending will increase slightly, by 1/2 of 1% (to $28 billion). This report includes R&D funding levels as reported by 32 Federal agencies and their subdivisions -- 105 individual respondents -- in March through October 1994. All agencies with R&D programs are covered. Charts and tables.

Federal agencies report a 3% increase in expected Federal funding for R&D and R&D plant in FY1996, to $71 billion. A 30% drop in R&D plant obligations (to $2 billion) and a 4% decrease in development funding (to $41 billion) contribute to this decline. Research spending is expected to increase 2% (to $28 billion). After adjusting for inflation, agencies expect obligations for R&D and R&D plant to decline 5% in FY1996. Includes graphs and detailed statistical tables.