2019 Shutdown Impact
For a recent article from Yahoo Finance, GovTribe provided some procurement data to help illustrate the impact of the 2019 federal government shutdown.
If you are a contractor working with any of the affected agencies, you have likely noticed a reduction in activity over the past month. As you can see in the chart below, the effect is real and dramatic.
The total number of opportunity postings is down by nearly two-thirds across the affected agencies. For some, the reduction is extreme. Procurement activity for USDA and Commerce are down 90 percent.
It’s difficult at this point to guess at the long term impact of a shutdown that lasts for weeks during what is typically a busy time of year for federal procurement. We’ll check back in on this as more information is available.
