Mayors and other experts weigh in on second-half 2016 government budgetsJul 22, 2016
As the second half of 2016 starts, government budgets are expanding a little. Total government purchases will rise by 2.2 percent in 2016 over 2015. Total purchases will reach $3.26 trillion in 2016, up from $3.18 trillion in 2015, predicts IHS Global Insight in a late May 2016 outlook report. Onvia’s “State & Local Procurement Snapshot - Q2 2016” also spotlights public sector spending trends through the second quarter of 2016.
In this gallery, mayors, government budget experts and business executives tell us how government budgets are trending in the second half of 2016 in their communities and markets. For our mid-year 2016 Keating Report on government budgets and spending that will be posted soon on the GPN site, we reached out to a number of government elected officials and other administrators. Go here to view Part 2 of the 2016 Keating Report.