Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output from October 2011 Through December 2011

reportActive / Technical Report | Accession Number: ADA598620 | Open PDF

Abstract:

The American Recovery and Reinvestment Act of 2009 ARRA contains provisions that are intended to boost economic activity and employment in the United States. Section 1512e of the law requires the Congressional Budget Office CBO to comment on reports filed by recipients of ARRA funding that detail the number of jobs funded through their activities. This CBO report fulfills that requirement. It also provides CBO s estimates of ARRA s overall impact on employment and economic output in the fourth quarter of calendar year 2011, as well as over the entire period since February 2009. Those estimates which CBO considers more comprehensive than the recipients reports are based on evidence from similar policies enacted in the past and on the results of various economic models.

Author(s):
Reichling, Felix
Author Organization(s):
CONGRESSIONAL BUDGET OFFICE (U S CONGRESS) WASHINGTON DC
Descriptive Note:
Congressional rept.
Pagination:
0023

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release
Distribution Statement:
Approved For Public Release; Distribution Is Unlimited.

RECORD

Collection: TR
Identifying Numbers
Monitor Series:
CBO
 Subject Terms
Joint Capability Areas:
JCA_5_Command and Control; JCA_5.3_Planning; JCA_6.4.1_Secure Information Exchange; JCA_1_Force Support; JCA_1.2_Force Preparation; JCA_5.6.1_Assess Compliance with Guidance; JCA_5.6_Monitor; JCA_4.6.1_General Engineering; JCA_4.6_Engineering; JCA_4.7.2_Installation Services; JCA_4.7_Base and Installations Support; JCA_6_Net Centric; JCA_8_Building Partnerships; JCA_6.4_Information Assurance; JCA_8.2_Shape; JCA_1.2.3_Educating; JCA_8.2.1_Partner with Governments and Institutions
Communities of Interest:
Biomedical
Descriptor(s):
*EMPLOYMENT, *LEGISLATION, ECONOMIC MODELS, ESTIMATES, RECOVERY, UNITED STATES GOVERNMENT
Field(s)/Group(s):
Economics and Cost Analysis, Government and Political Science, Personnel Management and Labor Relations
Keyword(s):
CBO REPORTS, *ARRA(AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009), FISCAL STIMULUS
Report Date:
2012 Feb 01
Creation Date:
2014 May 14