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