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Spending on industrial research and development 2008 (Intentions)
- Companies that perform industrial research and development anticipate spending $16.3E billion on industrial R&D in 2008, up slightly from the $16.2 billion spending intentions for 2007.
- The six leading industries performing R&D in 2008 are expected to remain unchanged from 2007. Together, information and cultural industries ($1.7E billion), communications equipment ($1.6E billion), scientific research and development services ($1.4 billion), computer system design and related services ($1.1E billion), pharmaceutical and medicine ($1.1 billion), and aerospace products and parts ($0.9 billion) will represent almost half (48.2%) of all industrial R&D expected to be performed in 2008.
