Introduction: Implications for three industries.
- Resource Type
- Chronology
- Authors
- Crossman, Joshua; Kneip, Fred; Wilkins, Jon
- Source
- McKinsey Quarterly. 2009, Issue 3, p50-52. 3p. 1 Chart.
- Subject
- *CLEAN energy industries
*HIGH technology
AMERICAN Recovery & Reinvestment Act of 2009
MEDICAL records
AIRPORT security measures
- Language
- ISSN
- 0047-5394
The article discusses implications of the 2009 American Recovery and Reinvestment Act (ARRA) for three industries. In the energy sector ARRA seeks to substantially reduce oil imports while creating millions of jobs related to clean energy. Technology firms should benefit from an estimated $60 billion that ARRA will spend in the sector on a variety of initiatives including broadband networks and airport security. In the realm of health care ARRA seeks to boost the digitization rate for medical records to 90% by the year 2019.