Federal Contracting Fuels Virginia Economy

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By Loudoun Times-Mirror

Northern Virginia ranks second in the nation in federal contracting and the dollars it receives in procurement, if it was a state anyway.

A five-year study of regional impacts in the federal contracting industry conducted by the Northern Virginia Regional Commission shows Northern Virginia would outrank all but California if the region qualified as a state, based on the amount of procurement dollars the region earns in the industry.

Other parts of Virginia collectively would rank seventh in the nation.

In Virginia, federal procurement spending grew from $21.2 billion in 2000 to $54.9 billion in 2008. In six of …read more

Read more here:: Government Contracting

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