The Atlanta Fed's macroblog provides commentary and analysis on economic topics including monetary policy, macroeconomic developments, inflation, labor economics, and financial issues.

Authors for macroblog are Dave Altig, John Robertson, and other Atlanta Fed economists and researchers.

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February 18, 2009

The American Recovery and Reinvestment Act in pictures

A year-by-year look at where the money goes:

Note: The dollar amounts listed below are denominated in millions of dollars.








Which adds up to:



Finally, the relative size of each year's spending:


Some other breakdowns of how the money will be allocated can be found here and here.

There you have it.

By David Altig, senior vice president and research director, and Courtney Nosal, economic research analyst, at the Atlanta Fed

February 18, 2009 in Fiscal Policy | Permalink


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David - THANK YOU. I've been trying to get various media outlets to do something similar for weeks now. Despite their increased predilections for graphics nobody really bit.

On that note perhaps you'd care to take the next step and map the various components to impact timeframes, perhaps with judgments about effects. Contemplate an array with "columns" defined by s.t., intermediate and strategic impacts. And then project the speed vs multiplier impacts.
Possible, interesting, good tracking and on-going evaluation tool ?

Posted by: dblwyo | February 18, 2009 at 06:27 PM

Very useful. Do the figures above refer to fiscal or calendar year? Thanks in advance.

Posted by: Andrea De Michelis | February 19, 2009 at 05:44 AM

WP graphics just before the House confirmation. Complements your graphics.


Posted by: Sanjay Bapna | February 19, 2009 at 09:46 PM

Thanks, useful stuff. As I was scrolling, I was thinking, "yeah, but, what is the total breakdown between years and groups" and the next charts appeared!

Posted by: Paul | February 20, 2009 at 12:16 AM

Thanks for this. It helps visualize rather than just hear numbers.

Posted by: jeff | February 21, 2009 at 05:57 PM

Hi Dave and Courtney,

Thanks. Don't know if you guys are still seeing the commments to this post, but I was wondering about the year-by-year totals. I get something closer to 20% (spending alone or with revenue reductions) in 2009. Am I interpretting this incorrectly?

Posted by: Guhan | March 11, 2009 at 04:14 AM

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