Conflicting data, media reports and politicians' assertions have spread a great deal of confusion about the stimulus legislation's impact, or lack of it, on job creation in construction. The reality is that the American Recovery and Reinvestment Act (ARRA) - the "stimulus bill" - has enabled contractors to hire some workers and keep paying others who would have been laid off. But ARRA's reporting requirements, which were supposed to add transparency, have actually added to the confusion.
To read more on ARRA reporting and the real impact of the stimulus, read the entire article here.
For more information, contact Ken Simonson at (703) 837-5313 or simonsonk@agc.org.