Federal spending grows 18 percent in region
By Dee Ann Divis And Dustin Weaver
Examiner Staff
Published: Thursday, June 30, 2005 10:28 PM EDT
The amount of money spent by the federal government on goods and services in the Washington area, a total of $50 billion in fiscal year 2004, grew 18 percent over the previous year - a rate of growth nearly twice that seen by rest of the country.
The expansion continues a trend that now places 16 cents of every federal procurement dollar into the hands of area companies.
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