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1. 6 Figures and Tables Figure 2: Comparison of USASpending Data with General Government Expenditures 0 200 400 600 800 1000 1200 1400 Fiscal Year Billion Dollars ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● 2002 2004 2006 2008 2010 2012 2014 2016 2018 ● Federal Govt Consumption Expendit. & Gross Investment (CE&GI) Purchases of Int. Goods & Services + Gross Investment Total Contract Obligations (USASpending) (a) USASpending vs NIPA Accounts 0 1 2 3 4 5
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21. Figure 8: Empirical CDF of Contract Durations 0 1000 2000 3000 4000 5000 6000 0.0 0.2 0.4 0.6 0.8 1.0 Duration (Days) Cumulative Share Transactions Contracts Multi−Transaction Contracts Note. This figure shows the empirical cumulative distribution function of the duration—the number of days between the start- and end-date—of transactions and contracts. The dashed black line marks 365 days. Contracts with negative durations or durations more than 5500 days (15 years) are excluded.
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22. Figure 9: Initial and Modification Spending 100 150 200 250 300 Fiscal Year Billion Dollars 2001 2003 2005 2007 2009 2011 2013 2015 2017 Note. This figure shows the levels of initial spending (any transaction that is not delineated a modification) and modification spending (transactions that are classified as modifications.
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23. Figure A.22: Comparison of USASpending Data with General Government Expenditures Billion Dollars Fiscal Year ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● ● 2002 2005 2008 2011 2014 2017 0 200 400 600 800 1000 1200 ● Federal Govt Consumption Expendit. & Gross Investment (CE&GI) Purchases of Int. Goods & Services + Gross Investment Total Contract Obligations (USASpending) DOD Contract Obligations (USASpending) (a) USASpending vs NIPA Accounts 0 1 2 3 4
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24. Fiscal Year Percent of GDP 2001 2003 2005 2007 2009 2011 2013 2015 2017 (b) Contracts as a Share of GDP Note. This figure shows how aggregate contract obligations compare to Government spending as defined in the National Income and Product Accounts (NIPAs). The left panel shows that total contract obligations are roughly equivalent to federal government purchases of intermediate goods and services plus gross investment. The right panel shows that contract obligations account for about 2 to 4 percent of GDP.
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38. Number of Contract Actions (Millions) Month 1 2 3 4 5 6 7 8 9 10 11 12 Total Obligations Modifications (c) Number of Contracts Figure A.19: Government Contract Obligations by Month of the Year, Top 10 Percent 200 400 600 800 1000 1200 1400 1600 Month Total Value of Obligations (Billions) 1 2 3 4 5 6 7 8 9 10 11 12 Total Obligations Modifications (a) Total Value of Contracts 500 1000 1500 2000 Average Value of Contracts (Thousands) Month 1 2 3 4 5 6 7 8 9 10 11 12 Total Obligations Modifications (b) Average Value of Contracts 0.0 0.2 0.4 0.6 0.8 1.0 Number of Contracts Month 1 2 3 4 5 6 7 8 9 10 11 12 Total Obligations Modifications (c) Number of Contracts Figure A.20: Government Contract Obligations by Month of the Year, Middle 20 Percent 0 1 2 3 4 5 6 7 Total Value of Obligations (Billions) Month 1 2 3 4 5 6 7 8 9 10 11 12 Total Obligations Modifications (a) Total Value of Contracts 0 1 2 3 4 5 6
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42. Percent of GDP Fiscal Year 2001 2003 2005 2007 2009 2011 2013 2015 2017 All Contracts DOD Contracts (b) Contracts as a Share of GDP Note. This figure shows how aggregate contract obligations compare to Government spending as defined in the National Income and Product Accounts (NIPAs). The left panel shows that total contract obligations are roughly equivalent to total federal government expenditures and gross investment less compensation of employees and consumption of capital. The right panel shows that contract obligations account for about 2 to 4 percent of GDP, and the subset of contract obligations awarded by the Department of Defense (DOD) account for 1.5 to 2.5 percent of GDP.
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