The General Services Administration has canceled its annual expo and training conference due to decreased demand for attendance, the agency said today.

Federal agencies have shown less interest in attending the event as they prepare for the possibility of deep automatic spending cuts from the sequester, the agency said.

Below is a statement from GSA spokesman Dan Cruz:

“The GSA Expo and Training conference serves as a valuable forum for government procurement professionals to receive acquisition training and where vendors can access business opportunities with the government. However, in the current fiscal climate, agencies and businesses alike have been forced to make tough spending cuts. After carefully reviewing the projected spending and attendance for this year’s conference, GSA is suspending Expo for 2013 in an effort to use our resources responsibly and to deliver better value and savings for our government partners, our vendors, and the American people.”