Federal spending in Colorado: lessons from the Budget Control Act of 2011

Abstract

This report highlights the relative importance of federal procurement spending in the private sector across different regions of Colorado; Several Colorado counties receive a significant amount (over $3,000 per capita a year) of federal spending; The reduction in federal spending from the Budget Control Act of 2011 led to a decline of approximately 10,000 jobs and an increase in unemployment and demands on the social safety net.