Forecast: Total Government Support For R&D (GBARD and Tax Credits) in the US

The forecast for total government support for R&D in the US from 2024 to 2028 shows a steady increase, with values rising from 174.44 billion USD to 184.03 billion USD. This reflects an average yearly growth rate (CAGR) of approximately 1.36%. The consistent rise suggests a positive outlook for government-backed research and development, highlighting their commitment to innovation.

Future trends to watch for include:

  • Potential shifts in policy that could alter funding levels.
  • Emerging tech sectors which may attract increased investment.
  • Global economic conditions potentially impacting fiscal capacity for R&D support.

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