| SIC Codes: | 9229 9311 9411 9431 9441 9451 9511 9512 9531 9532 9611 9621 9631 9641 9651 9661 9711 9721 9111 9121 9131 9199 9211 9221 9222 9223 9224 |
| NAICS Codes: | 921110 928120 921130 921140 921150 921190 922110 922120 922130 922140 922150 922160 922190 923110 923120 923130 923140 924110 924120 925110 925120 926110 926120 926130 926140 926150 927110 928110 921120 |
The US government services sector consists of about 140,000 federal, state, and local government entities with combined budgets of about $8 trillion. The federal government is the largest single employer in the US, with about 2.8 million employees, including armed services employees. The largest government agencies by employment are the federal Department of Defense (DoD) (including all branches of the armed forces), Department of Veterans Affairs (VA), Department of Homeland Security (DHS), Treasury Department, and Department of Justice (DOJ).
Demand for federal government services is driven by population growth and changing demographics of the US population. The US Census Bureau estimates that the over-65 population will climb nearly 80 percent by 2030, which will increase the demand for programs like Social Security and Medicare over the next 20 years. State and local governments experience similar demand drivers, but face increasing or decreasing revenues from which to fund services based on shifts in the population.
Major government services include creating and enforcing policies and laws, providing operating services, building and maintaining infrastructure, and providing for public safety; the federal government provides for national defense.
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