As the economy took a downturn in the late 2000s, more individuals lost their jobs. In fact, more than 3 million jobs were lost within five months at one point, resulting in fewer people paying payroll and income taxes—all which support the government. Whether you represent a state government, public library, park district or another government entity, meet your goals and keep your many constituencies happy by seeking professional guidance in your accounting, marketing, human resources, technology and advisory functions. You will receive top-quality, cost-effective help working with a Sikich expert.
We are members of several associations and professional organizations in the government industry:
Government Industry Overview
Agencies in this sector administer US government services at the federal, state, or municipal level. The largest government agencies by employment include the federal Department of Defense, Department of Veterans Affairs, Department of Homeland Security, Treasury Department, and Department of Justice.
The US government services sector consists of about 140,000 federal, state, and local government entities with combined budgets of about $8 trillion. Key challenges include high unemployment rates that inhibit income tax and sales tax receipts, high pension costs as an aging workforce retires, and high debt levels that have led to the bankruptcies of some cities.
US state-specific data can be found in First Research's State profiles, for all 50 states and Washington, DC. Separate profiles also are available for Canadian provinces.
Updated: January 6, 2014
Industry Intelligence from First Research, a division of Hoover's (a D&B company)