More spending for research in 1983

The Battelle Institute predicts that spending on research and development in 1983 in the US will reach $83.6 billion, up $6.3 billion or 8.2 percent from estimated expenditures this year.

With inflation running at an expected 4.5 percent next year, the real increase in R&D spending should amount to 3.5 percent, the research institute's Columbus division figures.

of 5 stories this month > Get unlimited stories
You've read 5 of 5 free stories

Only $1 for your first month.

Get unlimited Monitor journalism.