It goes without saying that the government is the largest buyer in the U.S. Hundreds of federal, state and municipal agencies and organizations spend billions of dollars every year,\u00a0purchasing virtually everything from airplane jets to paper towels. But what government agencies spend the most? And how exactly\u00a0do\u00a0they spend their budgets? Knowing this can be a tangible advantage, because\u00a0it enables you to target such potential clients more accurately and selectively.\u00a0Ok, let\u2019s take a look at statistics.<\/p>\n

Overall GSA contract spending in FY 2023<\/em><\/strong><\/h2>\n

Fiscal year 2022 displayed a major increase in GSA contract spending. Federal agencies have spent over $650 billion which is almost $20 billion more than\u00a0the\u00a0year before. And that increase\u00a0came\u00a0despite enormous spending in the preceding FY 2021 due to unequaled COVID-19 measures.<\/p>\n

In 2022, there were over 5.7 millions of contracts awarded to\u00a0GSA Schedule contractors.\u00a0Below we will look at the top government agencies, by volume of spending.<\/p>\n

<\/p>\n

Top government agencies by spending<\/em><\/strong><\/h2>\n

As you might guess, the government agency spending the most is DoD. The Department of Defense is responsible for over $380 billion of contract dollars of which the Navy spent more than $110 billion, the Army spent over $100 billion, Air Force is responsible for $80 billion of contract spending, and over $80 billion is the total spending of the rest of defense agencies.<\/p>\n

Other top spending federal agencies are:<\/p>\n

\n
• \n

  Health and Human Services<\/p>\n<\/li>\n

• \n

  Department of Energy<\/p>\n<\/li>\n

• \n

  Veterans Affair<\/p>\n<\/li>\n

• \n

  NASA<\/p>\n<\/li>\n

• \n

  Department of Homeland Security<\/p>\n<\/li>\n

• \n

  GSA<\/p>\n<\/li>\n

• \n

  Department of State<\/p>\n<\/li>\n

• \n

  USDA<\/p>\n<\/li>\n

• \n

  Department of Justice<\/p>\n<\/li>\n

• \n

  Treasury<\/p>\n<\/li>\n<\/ul>\n

  Top contract spending by<\/em><\/strong>\u00a0NAICS codes<\/em><\/strong><\/h2>\n

  Another great source for insights is analysis of contracts by NAICS codes. This way you can see what types of products and services are procured the most,\u00a0and then take this into\u00a0account when\u00a0marketing your GSA Schedule.<\/p>\n

  Here are top 10 NAICS codes that are responsible for the highest awarded government contracts.<\/p>\n

  \n
  1. \n

     541330 Engineering Services<\/strong>\u00a0($42 billion total and $11 billion of them is awarded to small businesses)<\/p>\n<\/li>\n

  2. \n

     325412 Pharmaceutical Preparation Manufacturing<\/strong>\u00a0($38 billion\/$1.5 billion)<\/p>\n<\/li>\n

  3. \n

     336411 Aircraft Manufacturing<\/strong>\u00a0($37 billion\/$750 million)<\/p>\n<\/li>\n

  4. \n

     524114 Direct Health and Medical Insurance Carriers<\/strong>\u00a0($37 billion\/$100 million)<\/p>\n<\/li>\n

  5. \n

     541715 R&D in the Physical, Engineering and Life Sciences<\/strong>\u00a0($36 billion\/$8 billion)<\/p>\n<\/li>\n

  6. \n

     561210 Facilities Support Services<\/strong>\u00a0($35 billion\/$4 billion)<\/p>\n<\/li>\n

  7. \n

     541512 Computer Systems Design Services<\/strong>\u00a0($30 billion\/$8 billion)<\/p>\n<\/li>\n

  8. \n

     236220 Commercial and Institutional Building Construction<\/strong>\u00a0($28 billion\/$12 billion)<\/p>\n<\/li>\n

  9. \n

     541519 Other Computer Related Services<\/strong>\u00a0($22 billion\/$13 billion)<\/p>\n<\/li>\n

  10. \n

      336611 Ship Building and Repairing<\/strong>\u00a0($22 billion\/$1.9 billion)<\/p>\n<\/li>\n<\/ol>\n

      Need help?<\/em><\/strong><\/h2>\n

      If you need\u00a0GSA contract help<\/a>, please don\u2019t hesitate to leverage\u00a0the\u00a0expertise of true GSA professionals who\u00a0have\u00a0already assisted dozens of businesses\u00a0in winning\u00a0\u00a0GSA Schedule awards.\u00a0Price Reporter\u2019s specialists will be glad to provide a consultation to help you\u00a0win Schedule contracts and then get the most of them.<\/p>\n

      DO YOU LIKE WHAT YOU'VE READ?<\/div>

      Join our subscription list and receive our content right in your mailbox. If you like to receive some Great deals our Freebies then subscribe now!\r\n\r\n

      \n

      \n\n

      Name<\/label>\n<\/div>\n

      Email<\/label>\n<\/div>\n

      \n<\/div>\n<\/form>\n<\/div>\n<\/p>\r\n\r\n<\/div><\/div>\n

      <\/div>","protected":false},"excerpt":{"rendered":"

      It goes without saying that the government is the largest buyer in the U.S. Hundreds of federal, state and municipal agencies and organizations spend billions of dollars every year,\u00a0purchasing virtually everything from airplane jets to paper towels. But what government agencies spend the most? And how exactly\u00a0do\u00a0they spend their budgets? Knowing this can be a […]<\/p>\n","protected":false},"author":1,"featured_media":38080,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6138,251,8682,8681,6668],"class_list":["post-38078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-agency","tag-business-2","tag-contract","tag-government","tag-spending"],"_links":{"self":[{"href":"https:\/\/www.businesslegions.com\/blog\/wp-json\/wp\/v2\/posts\/38078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businesslegions.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businesslegions.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businesslegions.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businesslegions.com\/blog\/wp-json\/wp\/v2\/comments?post=38078"}],"version-history":[{"count":4,"href":"https:\/\/www.businesslegions.com\/blog\/wp-json\/wp\/v2\/posts\/38078\/revisions"}],"predecessor-version":[{"id":38084,"href":"https:\/\/www.businesslegions.com\/blog\/wp-json\/wp\/v2\/posts\/38078\/revisions\/38084"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businesslegions.com\/blog\/wp-json\/wp\/v2\/media\/38080"}],"wp:attachment":[{"href":"https:\/\/www.businesslegions.com\/blog\/wp-json\/wp\/v2\/media?parent=38078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businesslegions.com\/blog\/wp-json\/wp\/v2\/categories?post=38078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businesslegions.com\/blog\/wp-json\/wp\/v2\/tags?post=38078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}