The American Recovery and Reinvestment Act of 2009 (ARRA) had big plans for the construction industry – $131 billion big.
That stimulus money is supposed to help an industry that is still hemorrhaging jobs today. So far, the ARRA has sent money to all corners of the construction industry, from residential building construction to highway projects to water and sewer line maintenance.
Here is a comparison of the jobs lost in the last year (September 2008 to September 2009) with the number of jobs created or retained by the ARRA.
Recovery.gov recently released their quarterly report on stimulus bill funds and our team at Construction Software Advice has compiled the construction related data to gain a clearer picture of how the ARRA is influencing the construction industry.
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