In an environment of continued uncertainty, the state, local and education (SLED) market posted a better-than-expected Q4, growing by 11.9% in bids and RFPs and closing 2021 at +7.5% YoY. We measure the market’s progress as it emerges from the pandemic with an update to our SLED Recovery Index.
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The report provides a timely review of the latest contracting trends, including year-over-year growth rates by level of government and each of our 12 industries, our SLED Recovery Index measuring progress as the market emerges from the pandemic and commentary about changing purchasing attitudes and confidence among public officials and buyers.