Business Enterprise Expenditure on R&D in the US is projected to rise steadily from 2024 to 2028. In 2023, the expenditure was at 762 billion US dollars. The forecast anticipates a year-on-year increase, with variations as follows:
- 2024: 8.6% increase
- 2025: 8.0% increase
- 2026: 7.3% increase
- 2027: 6.7% increase
- 2028: 6.3% increase
The compound annual growth rate (CAGR) from 2024 to 2028 is estimated at 7.38%. Future trends to watch for include technological advancements driving further R&D investment, potential changes in government policy affecting funding, and economic shifts that could impact spending levels.
