POLITICS
01/01/2015 05:14 pm ET Updated Jan 01, 2015

After Years Of Cuts, Government Spending Is Starting To Rebound

Don Bayley via Getty Images

NAPLES, Fla. — For a long stretch, government spending cutbacks at all levels were a substantial drag on economic growth. Now, finally, relief is in sight.

For the first time since 2011, local, state and federal governments are providing a small but significant increase to prosperity.

“There’s not a lot of positive contribution coming from the government sector, but when you’re talking about economic growth, less of a negative is a positive,” said Chris Varvares, senior managing director and co-founder of Macroeconomic Advisers.

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