The Big Shift
T he shift in government responsibilities and reductions in federal funding will inevitably have a major impact on state and local governments, their residents and their partners in private industry. That impact will vary based on a variety of factors, including economic conditions, revenue strength, budget stress, political outlook and potential policy changes. Particularly in the areas covered in this report, impact will also depend on potential external events, such as a crippling cyberattack on a Conclusion
large city or a catastrophic emergency like the high-fatality flash flood of the Guadalupe River in Kerr County, Texas, in July or the devastating Los Angeles area wildfires in January. For the private sector, similar factors will create both opportunities and barriers to building government business. Inevitably, there will be winners and losers, depending on a company’s past relationships, political savvy, industry strength, and how its products, insight and innovative outlook intersect with state and local needs.
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