Top Industries by R&D Spending (2023–2024):
Professional, Scientific and Technical Services – $9.17bn
Manufacturing – $5.05bn
Financial and Insurance Services – $3.48bn
In terms of socio-economic objectives (SEO), R&D aimed at information and communication services became the top category, jumping 50% to $5.9 billion, surpassing manufacturing, which dipped 3% to $4.6 billion. Health, energy, and mineral resources also saw increased allocations.