TenderAlpha, a leading provider of global government contracts and supply chain data solutions, is pleased to announce the launch of its Daily Macro Government Contract Spending Data Feed /TenderAlpha Macro/. This innovative product captures $1.8tn of aggregated annual public procurement spending, enabling users to monitor government spending by country in real time and offering unparalleled insights into government procurement activities worldwide.
Built upon TenderAlpha's Global Unified Government Contract Awards Data Feed, the Daily Macro Government Contract Spending Data Feed offers fully global coverage, providing aggregated daily government spending for more than 40 countries, including the US, all EEA countries, the UK, Canada, India, Brazil, as well as a range of Asian and Latin American countries.
Users can customize data delivery to their needs, with options for daily, weekly, or monthly updates. Historical data is available from 2010 onwards, allowing for extensive trend analysis and forecasting as users can access day-by-day public procurement spending data for the last 15+ years.
Key Features
- Aggregated Spending Metrics - Track daily public procurement spending and contract volume in USD for granular insights into public expenditures;
- Real-Time Data Availability - Access government spending data as soon as it becomes publicly available, ensuring timely decision-making;
- Sectoral Level Breakdown - Analyze daily procurement spending in high-impact sectors, including defense, industrials, AI & cybersecurity, and enterprise software.
Data Scope & Key Insights
TenderAlpha Macro is instrumental in tracking macroeconomic trends in public spending, with global government contract awards averaging nearly $5bn per day in 2024.
Regional dynamics are also interesting as an average of $1.6bn of federal contracts were awarded daily in the US in 2024, while aggregate daily USD spent in EU-27 countries stood at $2.08bn.
Sectoral breakdown shows that defense makes up 40% of total spending, but exciting developments have also been documented across AI & cybersecurity, enterprise software, and the pharmaceutical industry both within the US and Europe.
Use Cases
- Macroeconomic Indicators Monitoring – Real-time monitoring of macro budget redistribution per country to assess potential economic impact and forecast budgetary effects on GDP, inflation, and national debt;
- Macro Strategies Enhancement – Boost data-driven strategies by evaluating public spending patterns to identify shifts in government priorities and economic activity;
- Empowering Fixed Income Investors - Track government spending trends to assess sovereign creditworthiness and predict movements in interest rates and bond yields.
“In today's dynamic economic environment, access to timely and accurate government spending data is crucial,” said Martin Tsanov, CEO of TenderAlpha. “Our Daily Macro Government Contracting Data Feed reflects our commitment to delivering high-quality data solutions that empower financial institutions and researchers to make informed decisions.”
TenderAlpha remains dedicated to continuously enhancing its data offerings to meet the evolving needs of financial professionals and institutions.
For more information or to request a demo, please contact us.