According to a report from the National Science Foundation, industry support for academic research in science and engineering fell for the third straight year in the 2004 fiscal year. This trend marks the first time since the foundation's surveys began in 1953 that a sector of academic research has shown a multiyear decline. The report, "Industrial Funding of Academic R&D Continues to Decline in FY 2004," shows that industry's support of academic research in science and engineering fell by 2.6 percent in 2004, 1.1 percent in 2003 and 1.5 percent in 2002. Industry support was $2.1-billion in 2004, down from $2.2-billon in 2001. Overall research and development spending at colleges increased by 7.2 percent, to $42.9-billion in 2004 from $40.1-billion in 2003, representing a slowdown from previous years (10.9 percent in 2002 and 10.2 percent in 2003). A sidebar graph of the nation's top 100 institutions in federal research and development expenditures in 2004 ranks Wayne State University 74th with a 10.2 percent increase over 2003.