However, examining the annual changes in HERD spending by state provides more context regarding the impacts of the pandemic on regional innovation economies. The interactive map below shows that most states saw increased HERD spending in 2020 (shaded in gray), while several others had decreases (shaded in red) in HERD expenditures from 2019 to 2020.
As seen in the interactive map below, the states with the largest percent increase in annual HERD expenditures from 2019 to 2020 were Vermont (39.7 percent), Wyoming (15.8 percent), Oklahoma (13.2 percent), Texas (10.9 percent), and Delaware (6.6 percent). The interactive map also shows that Puerto Rico had the greatest annual decrease (-8.2 percent) in HERD expenditures, followed by South Dakota (-6.6 percent), Mississippi (-5.4 percent), New Hampshire (-1.6 percent), Hawaii (-1.0 percent), Michigan (-0.8 percent), and North Carolina (-0.1 percent).
For more info: ssti.org/blog/useful-stats-2020-higher-ed-rd-expenditures-increased-most-states-despite-pandemic?utm_source=SSTI+Weekly+Digest&utm_campaign=599eccea56-EMAIL_CAMPAIGN_2022_01_13_06_13&utm_medium=email&utm_term=0_ecf5992d4c-599eccea56-220101229