The Economic Impact of the American Recovery and Reinvestment Act of 2009 - Third Quarterly Report

The Council of Economic Advisors developed a multifaceted analysis indicating that the Recovery Act (ARRA) has played an essential role in changing the trajectory of the economy. It has raised the level of GDP substantially in its first full year of existence and has saved or created between 2.2 and 2.3 million jobs as of the first quarter of 2010. The tax relief and income support provisions of the ARRA alone account for roughly half of the beneficial employment effects.

To read the full report, click here.