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Health and human services ($1.2 trillion, +14 percent; with >$1 billion to print, +12 percent) and social security, entitlements ($550 billion, +6 percent; with $0.5 billion to print, +5 percent) will be the best bid-to categories. Defense and homeland security ($448 billion, +5 percent)—the billion dollar buyer in 2004—will be very guarded and tight in the New Year. Be aware that nearly three times the number of printers will be seeking work from governments, marginalizing markups.
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