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Science & Technology: RESEARCH & DEVELOPMENT
TABLE: Who Increased and Who Declined
NOMINAL PERCENT CHANGE 1994 R&D SPENDING
AS PERCENT R&D PER
1993-94 MILLIONS OF SALES EMPLOYEE
ELECTRICAL & ELECTRONICS 14% $9,602.7 5.7% $8,257.6
AUTOMOTIVE 11 15,255.5 3.8 9,257.7
MANUFACTURING 10 4,567.6 2.8 4,409.8
CONSUMER PRODUCTS 9 2,588.0 1.5 2,414.8
FOOD 9 684.9 0.8 1,566.0
HOUSING 8 533.1 1.7 2,742.3
SERVICE INDUSTRIES 7 213.9 1.3 1,431.6
CONTAINERS & PACKAGING 7 188.8 0.8 1,299.5
HEALTH CARE 5 13,476.0 9.8 18,451.8
LEISURE TIME PRODUCTS 5 1,528.9 4.3 6,478.2
TELECOMMUNICATIONS 4 4,099.0 3.3 7,137.3
PAPER & FOREST PRODUCTS 4 548.1 1.0 2,017.9
OFFICE EQUIPMENT & SERVICES -1 16,746.3 7.1 15,898.8
METALS & MINING -1 385.8 0.7 1,451.2
CHEMICALS -2 4,973.5 3.7 10,289.1
AEROSPACE & DEFENSE -5 3,969.2 4.2 7,106.1
CONGLOMERATES -5 2,960.8 2.4 5,011.1
FUEL -9 2,405.8 0.7 4,267.4
ALL-INDUSTRY COMPOSITE 1994 4 84,727.8 3.5 7,651.3
ALL-INDUSTRY COMPOSITE 1993 4 83,023.6 3.8 7,476.4
DATA: STANDARD & POOR'S COMPUSTAT