Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Kokomo: What stimulus bought

This manufacturing town in central Indiana faced crippling unemployment. Now it is working again, thanks to the federal government.

1 of 11
BACKNEXT
Downtown's rebirth
Downtown's rebirth
Kokomo Mayor Greg Goodnight, faced with a recession-decimated city budget, had to make some tough choices. Through attrition and layoffs, he ended up cutting about 10% of the city's staff.

But he didn't skimp on the downtown. Using stimulus money, the town revamped the walkways, added flowers and made all the parking free.

The moves, along with some attractive financing, have spurred the launch of 11 new businesses in Kokomo since the start of 2010.


NEXT: Old plant, new technology
Last updated October 18 2010: 7:22 AM ET
More Galleries
A White House press briefing as told by CNN's sketch artist The White House started banning cameras during some briefings, so CNN sent in sketch artist Bill Hennessy. More
The best gadgets for your next business trip Hotels often lack the resources business travelers need to work efficiently. But fear not: These six gadgets will turn any hotel room into a temporary office. More
Must-have gadgets for business travelers For many business travelers, commuting through airports and enduring flights is the worst part of any trip. Thankfully, these seven gadgets help make life on the road -- and in the air -- much easier. More

Special Offer