Federal Government Spending Jumps to Over $550 Billion in FY18


The Federal Government spent more than $550 billion on contracts in Fiscal Year 2018, an increase of more $100 billion from 2015.

About 40% of the government’s discretionary spending goes to contracts for goods and services.

Much of this increase was driven by spending on national defense, but even so civilian agencies handed out $195 billion in contracts: $157 billion on services and $38 billion on products.

The Government Accountability Office (GAO) recently posted an infographic showing more details on how federal contracting dollars are spent across the federal government—including which agencies obligated the most funds, what they bought, and whether the contracts were competed.


You may also like these