Federal Budget Shifts in FY2024: Where Small Businesses Win—and Where the Work is Drying Up

FY2024 has been a wild ride for federal contractors. Even with overall spending capped by the Fiscal Responsibility Act, agencies shuffled dollars to match their priorities—and that’s created big winners and some serious losers. For small businesses, this means more opportunities in certain high-growth sectors and a sharp pivot away from others. The key to thriving? Knowing where the money’s going, what’s getting cut, and how to position yourself now for FY2025.