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Government Spending in the United States

Summary

Government Spending in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other.
- The US government spending sector had total revenues of $7,564.9bn in 2018, representing a compound annual growth rate (CAGR) of 3.7% between 2014 and 2018.
- The healthcare segment was the sector's most lucrative in 2018, with total revenues of $1,783.3bn, equivalent to 23.6% of the sector's overall value.
- The US government is facing a deficit as an overlay from the financial crisis, which peaked at 9.8% of GDP in 2009. Since then, the Federal Reserve has engaged in quantitative easing, and fiscal policy brought the deficit down to 4.8% in 2018.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in the United States
- Leading company profiles reveal details of key government spending market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States government spending market with five year forecasts

Reasons to buy

- What was the size of the United States government spending market by value in 2018?
- What will be the size of the United States government spending market in 2023?
- What factors are affecting the strength of competition in the United States government spending market?
- How has the market performed over the last five years?
- What are the main segments that make up the United States's government spending market?