Wisconsin small businesses last year secured more than $1 billion in federal contracts for the second year in a row, according to the latest U.S. Small Business Administration figures.

The federal agency this week announced more than $5.9 billion was spent on federal contracts in Wisconsin in fiscal year 2022, including nearly $1.03 billion — or about 17 percent — going to small businesses. In fiscal year 2021, those figures were about $6.1 billion and $1.1 billion, respectively.

Since 2010, the figure for small businesses in the state hadn’t exceeded $900 million, even in years when the total amount going to all Wisconsin businesses was higher.

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