Brief Excerpt from Industry Overview Chapter:
Agencies in this sector administer government services at the federal, state, or municipal level. The largest US government agencies by employment include the federal Department of Defense, Department of Veterans Affairs, Department of Homeland Security, Department of Justice, and Department of Agriculture.
Demand for government services is driven by population growth and changing demographics of the US population. The US Census Bureau estimates that the 65-and-over population will climb by 60% between 2016 and 2035, which will increase the demand for federal programs like Social Security and Medicare. State and local governments experience similar demand drivers, but face increasing or decreasing revenues from which to fund services based on shifts in the population, as well as changes in economic conditions.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major government services include creating and enforcing policies and laws, providing operating services, building and maintaining infrastructure, and providing for public safety; the federal government provides for national defense.
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