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03 Aug 2009 10:12

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Biz, U.S.: Local, state economies are sure feeling that stimulus money

  • -8.3% decline in local and state spending during the fourth quarter of 2008 – the height of the economic decline. The first quarter of 2009 also saw declines
  • +4.8% increase in local and state spending during the second quarter of 2009 – after the stimulus money hit; based on these numbers, the money is working, kids source