Table 20. Industry's own funds for R&D, by selected industry, 1961-70 



[Dollars In millions] 



7967 1962 1963 1964 1965 1966 1967 1968 



Industry Current dollars 



Electrical equipment 



and communication ... $887 $949 $1,017 $1,093 $1,206 $1,414 $1,552 $1,753 

 Chemicals and allied 



products 881 939 1.004 1,098 1,198 1,271 1.357 1,458 



Machinery 588 644 709 788 860 974 1,066 1,197 



Motor vehicles and 



other transportation 



equipment 711 718 799 854 898 995 986 1,106 



Aircraft and 



missiles 392 454 452 445 622 753 1,070 1,152 



Petroleum refining 



and extraction 280 289 296 338 364 383 409 468 



Professional and 



scientific Instru- 



ments 180 202 202 229 257 298 321 388 



Constant 1958 dollars' 



Electrical equipment 



and communication ... 848 897 949 1,004 1,088 1,241 1,320 1,433 



Chemicals and allied 



products 842 888 937 1,009 1,081 1,116 1.115 1.192 



Machinery 562 609 662 724 776 855 907 979 



Motor vehicles and 



other transportation 



equipment 680 679 746 785 810 873 839 904 



Aircraft and 



missiles 375 429 422 409 561 661 910 942 



Petroleum refining 



and extraction 268 273 276 311 328 336 348 383 



Professional and 



scientific Instru- 

 ments 172 191 189 210 232 262 273 317 



' GNP price deflator was used to convert current to constant dollars 



Source: National Science Foundation. Research and Development in Industry, 1970 (NSF 72-309) 



7969 



7970 



455 



355 



508 



376 



113 



