Seattle - Government spending at all levels will remain level or increase pace in the second half of 2009, as federal American Recovery and Reinvestment Act (ARRA)-funding continues to help stabilize state and local budgets, according to a mid-year report released by Onvia, a provider of business-to-government data based in Seattle.
Of the almost $90 billion in funded recovery projects to-date, nearly $15 billion in contracts have been awarded, with that number now accelerating monthly, the report says. Applying the Federal government’s multiple standards for measuring jobs impact to ARRA contract awards to date, the high end of the scale represents 160,000 jobs saved or created.