Between 2024 and 2028, business enterprise expenditure on R&D in high and medium-high R&D intensive industries in the US is forecasted to remain steady at 1.3% of GDP. This stability indicates no year-on-year variation over the forecasted period. Observing this trend suggests a lack of significant change or growth in R&D spending as a percentage of GDP. No previous percentage for 2023 was provided for comparison.
Future trends to watch for include:
- Potential economic shifts impacting R&D budget allocations.
- The influence of emerging technologies driving future R&D investments.
- Government policies affecting R&D funding and support.
