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Federal Contract Spending Grew 9% in 2018, Increasing for the Third Straight Year
Agencies spent $559 billion on prime and unclassified contracts. Source: GovernmentExecBy: Courtney Bub Federal contract spending in fiscal 2018 increased for the third straight year to $559 billion, a 9% increase over 2017 spending and the highest level since 2010, when agencies spent $562 billion. The data, compiled by Bloomberg