Friday, July 31, 2009

Update on the Stimulus Front

Lots of chattering in the news about whether the Stimulus (formally known as the American Recovery and Reinvestment Act of 2009) is working. I can tell you that I am currently working on a "nice" project that is Stimulus funded, so from my perspective it is working!

Here is a broader picture:

map of current Stimulus funding in California

Approximately $85 BILLION in funding has flowed through to California, with a good portion of that money ending up in the San Francisco Bay Area. Is the money stimulating job creation? Again from this small corner of the country - YES... my clients are hiring fast (they have 30 days to put butts into seats once they receive their funding).

To see specifically whats happening in California - click (HERE).

No comments: