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Mark Amtower
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So, if the world statistic is accurate, based on Census Bureau statistics, almost 1.5 percent of the spending in the world is by the U.S. federal government. This means that Uncle Sam isn’t simply Fortune One, but Global One.
Research I’ve conducted with B-to-B list firm MCH indicates that if you replace “sales” with “revenue,” more than half of the Fortune 100 would be some level of government, likely the same for the Fortune 1,000 list.
What This Means ...
B-to-G spending represents more than 25 percent of the total U.S. economy. More than $54 billion annually is spent by government employees (federal, state and local) via credit cards and often with no contract required.
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