Council of Economic Advisers Releases Seventh Quarterly Report on the Economic Impact of the Recovery Act

WASHINGTON, DC–(ENEWSPF)–July 1, 2011. The Council of Economic Advisers today released its latest quarterly report on the economic impact of the American Recovery and Reinvestment Act.  The report shows that the Recovery Act continues to play a key role in supporting the economy.  Specifically, the Recovery Act added as much as 3.2 percent to the level of first quarter GDP and raised employment by as many as 3.6 million jobs.