CBO's Publications - Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output in 2014

New From CBO Estimated Impact of the American Recovery and Reinvestment Act on Employment and Economic Output in 2014 In calendar year 2014, ARRA—which was enacted in 2009—raised real GDP by between a small fraction of a percent and 0.2 percent and increased the number of full-time-equivalent jobs by between a slight amount and 0.2 million, CBO estimates.