Economy Before 9-11-01: Difference between revisions
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[http://www.propeller.com/viewstory/2006/09/11/9-11-didnt-change-everything-blogging-stocks/?url=http%3A%2F%2Fwww.bloggingstocks.com%2F2006%2F09%2F11%2F9-11-didnt-change-everything%2F&frame=true pre 9/11 article] | [http://www.propeller.com/viewstory/2006/09/11/9-11-didnt-change-everything-blogging-stocks/?url=http%3A%2F%2Fwww.bloggingstocks.com%2F2006%2F09%2F11%2F9-11-didnt-change-everything%2F&frame=true pre 9/11 article] | ||
-economy was in 3rd quarter of contraction/recession | |||
-GDP was falling | |||
-Unemployment was rising | |||
-Negative situation of economy after 9/11 cannot necessarily be attributed to the terrorist attacks, because many of the problems were already there before | |||
Revision as of 18:35, 1 December 2007
before september 11th
-shift from intellectual(techonology)to land based (coal and oil industries)sources of growth
-tax and interest rate cuts (lead to rise in housing industry/cost of living)
-global integration
-economy was in 3rd quarter of contraction/recession
-GDP was falling
-Unemployment was rising
-Negative situation of economy after 9/11 cannot necessarily be attributed to the terrorist attacks, because many of the problems were already there before
