The analysis of central government procurement in the US, excluding social security funds, reveals a gradual decline from 33.41% in 2024 to 32.85% by 2028 of the general government procurement. This forecasted trend signifies a steady reduction in procurement’s share, with a slight year-on-year downward trend. The compound annual growth rate (CAGR) over the next five years also indicates a marginal drop.

Future trends to watch:

Potential policy changes impacting procurement priorities and allocation.
Technological advancements driving efficiencies and possibly reducing procurement needs.
Economic factors influencing government spending strategies.