Macroeconomics 28th Oct '24 US R&D Spending is Surging In the last decade, spending on R&D in the U.S. has surged. Almost entirely driven by businesses. More than offsetting the multi-decade decline of government spending on R&D. Source. Click to share on Twitter (Opens in new window)Click to email a link to a friend (Opens in new window)Click to share on LinkedIn (Opens in new window)