State by State: Is Federal Stimulus Money Creating Construction Jobs?

Posted on November 24, 2009 by Joshua Glazov
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Faucet Pouring Money.jpgSoftware Advice's Chris Thorman recently published State by State: Is the Stimulus Bill Creating Construction, an article analyzing how effective the federal stimulus money actually is in preserving and creating construction jobs.

According to SA's calculations based on October 30, 2009 data from Recovery.gov, spending under the American Recovery and Reinvestment Act of 2009 ("ARRA") has created, or saved, 73,352 construction jobs across the nation, at a cost of $15.8B. That's $222,107 per construction job.

SA's piece also includes a chart sorting spending on a state-by-state basis, identifying for each state:

  • Amount of stimulus money awarded
  • Amont of stimulus money received
  • Jobs created
  • Cost per job
SA's critical of the government's return on the taxpayer's investment in ARRA's efforts to preserve and create construction jobs, not to mention improving infrastructure and public works. To read the entire article, including the charts, just click here.

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