Government Contracting and The Fabric of America Video

Oct 10, 2018 1:44:00 PM / by David Rockwell

Not only did we get through the recession, but the businesses who were set-up to help as federal contractors…many came out stronger.

 

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Government Spending Increases

 Government spending directed toward small business increased by 6.8% during the recession years. Consumer spending during this time experienced a 4.8% decrease  A stark contrast to the typical spending increase of 5.3%. Which means if you were only set-up to sell to the private sector, a potential 10% loss of revenue hit your bottom-line. Maybe even more. The government recognized the need to step in and introduced a stimulus plan to help the public retain a quality of life and in turn to help businesses stay strong.

The Biggest Buyer of Products and Services

The businesses needed to stay afloat to continue to provide the people. Understand the biggest buyer of products and services in the world. Be ready to sell to them. Keep the fabric strong. You owe it to yourself to find out more. Sign up for our Market Evaluation. It’s free and you’ll know if your business is ready to partner with the US Government.

Tags: General Government Contracting, Videos

David Rockwell

Written by David Rockwell

David is a writer and educational multimedia producer for government contractors around the world. Some of his favorite work, with the experts at USFCR, is telling success stories of businesses that win federal contracts.

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