COVID-19: Global and U.S. Federal Spending — Where the Money Is Going
This IDC Market Perspective provides details on how the COVID-19 pandemic has changed IT and other government spending patterns. Worldwide, government IT spending is being affected by the long-term impact of COVID-19. While some types of spending are increasing, others are going down. The net impact will be some increased spending on hardware and a decline in government IT spending elsewhere. "In the United States where $3.8 trillion in spending has been approved to help fight the health and economic impact of the virus, only a trickle of that money will be spend on new government IT systems," said Shawn P. McCarthy, research director for IDC Government Insights. "But the societal impact of other spending is huge." This document shows multiple breakouts to show where the special funding is going in the United States.
Please Note: Extended description available upon request.
- Executive Snapshot
- New Market Developments and Dynamics
- Forecasting the Impact of COVID-19 on Governments
- How Government IT Spending Is Being Impacted by the COVID-19 Crisis
- Worldwide Federal/Central Government
- Worldwide Government IT Spending
- Worldwide State/Regional/Local Government
- U.S. Government IT Spending
- U.S. Federal Government
- U.S. State and Local Government
- Details on the U.S. Government Special Spending Bills Prompted by the COVID-19 Pandemic
- Background: Multiple Spending Acts Thus Far
- One More Proposed Bill, The Heroes' Act Is Pending, But It's Stalled
- The Bad News — Government IT Will Receive Just a Fraction of a Percentage
- CARES Act Breakouts
- The CARES Act IT Impact
- Payments to Citizens/Workers
- Helping Large Corporations Support Workers
- Helping Small Businesses Stay in Business and Meet Worker Needs
- Providing Support for State and Local Governments
- Supporting the Front Lines — Funding for Hospitals and Public Health
- Education Funding
- Additional Social and Community
- The Rest of the Spending Acts
- Paycheck Protection Program and Health Care Enhancement Act
- The Families First Coronavirus Response Act
- The Coronavirus Preparedness and Response Supplemental Appropriations Act
- Advice for Government Agencies
- Advice for Technology Providers
- Learn More
- Related Research
- Synopsis