$128 Million Federal Stimulus Grant For San Bernadino I-215 Freeway Widening
September 29, 2009 at 10:32 am · Category: Government, Macro Economics
We’ve been frugal. Now we can get back to normal. We might even take a trip.
- Charles Ojuri, whose small construction firm received a $780,000 contract to clear trees around I-215
John Husing, an economist who closely tracks the Inland Empire region, said the $128 million federal stimulus grant could generate $380 million in local economic activity as construction workers spend on equipment, supplies and personal expenses like food and clothing.
Source: “Road Project Tests Power of Stimulus”, The Wall Street Journal, September 29, A5
More on this topic
(What's this?)
Food Prices: Here's the Real Story
(Money Morning, 5/4/12)
Private Commercial Construction Decimated; the Government Builds On
(The Value at Risk, 8/5/09)
Agricultural Stocks: Fatten Up Your Portfolio on Food Price Inflation
(Money Morning, 4/19/12)
Leave a Comment
