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Business Trends

Business Trends highlights activities, innovations, legislation and changes in economics and demographics that may directly or indirectly exert major influences on businesses ranging from enterprise business down to work at home businesses. Additionally, persons at all levels of business operation can find valuable business resources and services throughout our Business Center, primarily in the Business Maintenance section. (For Business Maintenance, see the Business Center SiteMap.)


In an effort to reduce duplication and cost within the Federal government and lessen government competition with the private sector, the Bush administration has published revised rules for determining which government contracts and functions should be outsourced to the private sector. Over 850,000 Federal government jobs could be affected by these rule changes. The revisions to OMB Circular No. A-76 are also intended to streamline a confusing and time-consuming contract competition process that can take years to complete. These changes should make it easier for private contractors to successfully bid on government contracts, especially those in the information technology arena.

OMB Puts Federal Jobs Up for Grabs, FCW.COM (Federal Computer Week)

Circular No. A-76 (Revised) dated May 29, 2003, Office of Management and Budget, (OMB), Executive Office of the President  (Adobe PDF file)


The Streamlined Sales Tax Project is an effort created by state governments, with input from local governments and the private sector, to simplify and modernize sales and use tax collection and administration. The Project’s proposals include tax law simplifications, more efficient administrative procedures, and emerging technologies to substantially reduce the burden of tax collection. The Project’s proposals are focused on improving sales and use tax administration systems for both Main Street and remote sellers for all types of commerce. (Excerpt from the Streamlined Sales Tax Project Executive Summary dated March, 2003)

Streamlined Sales Tax Project (SSTP)

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