“One only needs to look at spending trends pre- and during-pandemic to get a feel for how significantly the market has changed because of COVID-19.”
“Numbers are presented by Deltek’s Kevin Plexico show the remarkable explosion of spending since the start of the pandemic and the economic collapse from it.”
“Fiscal year 2020 was already shaping up to be a good year, Plexico said, during his presentation as part a webcast that we co-produced with Government Marketing University.”
“Thanks in part to the passage of the 2019 Bipartisan Budget Act, spending levels were on the rise with significant increases for both defense and civilian agencies. Discretionary spending was slated…”
“For just IT spending, Plexico said there was an spike early on for equipment that government employees needed for the shift to remote work. There also has been an increase in spending on…” Read the full article here.
Source: How COVID is shaking up federal spending – By Nick Wakeman, May 27, 2020. Washington Technology.
