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Federal Procurement Increases $2.9 Billion in 2000

Stephen S. Fuller, Ph.D., Professor of Public Policy, George Mason University
SF
Stephen S. Fuller, Ph.D., Professor of Public Policy, George Mason University

April 1, 2001

Federal purchases of goods and
services in the Washington
metropolitan area continued a
twenty year record of fueling
the expansion of the local economy.
A nearly $3 billion increase in federal
procurement went directly to area
businesses in 2000 and translated into
an estimated 24,500 additional jobs.
The increase brought total federal
purchases in the area to $28.6 billion
in 2000, up 11.5 percent from $25.7
billion in 1999. Federal procurement
in the Washington area has increased
each year since 1980, when procurement
spending totaled $4.2 billion.

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