Government Contracting: How Are Small Businesses Doing?

Small businesses who obtain government contracts know that the U.S. government is a desirable client. But how are small companies doing when it comes to landing federal contracts or subcontracts? American Express OPEN’s second annual government contracting survey of more than 700 active small government contractors found they are facing some challenges, partly because federal government contracting spending was down 14 percent in 2011 compared to 2010. Here’s what else the study found:

Small businesses are spending more trying to obtain federal contracts. Learn More.