Facts About
   Modern Manufacturing

Manufacturing’s R&D; Investment Supports Innovation


Manufacturing’s domestic R&D; spending was 3.8% of domestic net sales during 2012, well above the 2.5% average for non-manufacturing industries. The well-identified spillover impacts of innovation investment, where the direct and indirect benefits of new and improved products and processes spread from industry to industry, testify to the economy-wide benefits of the R&D-intensive; manufacturing sector.