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January 24th, 2006

Federal Funding of R&D in 2006

Abstract:
Total funding for research and development is expected to increase by approximately 2.9 percent to $329 billion in 2006, according to the closely watched Battelle-R&D Magazine annual forecast. The projected increase, from the estimated $320 billion spent in 2005, covers all research and development (R&D) expenditures across industry, government and academia.

Source:
prnewswire

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