Research Paper on:
2001 Economy

Unformatted Sample Text from the Research Paper:
The events of September 11, 2001 is a primary component of this paper that views the economy before and after the event. The primary indictor discussed is consumer spending, something  used to predict the future of the economy. Bibliography lists 5 sources. SA145eco.rtf I. Introduction The current status of the  economy in the United States is not stellar. Even prior to the terrorist attacks on the United States on September 11, 2001, the national economy would probably have experienced  the most severe deceleration since the 1974 oil price shock anyway. It is difficult to predict what will happen to the U.S. economy in the future, but looking at  consumer spending, a valid economic indicator, some inkling of what will happen next, should emerge. While the future is not certain, the  present state of the economy is in part attributable to the events of September 11th, and in part attributable to a cumulative effect of a fledgling economy since 2000. While  the 1990s were good, the bears were coming out of the closet long before September 11th. At the same time, this October was one of the worst months in decades.  Would October have been just as bad without a terrorist attack? Maybe. On October 24, 1929 and October 19, 1987 people were shocked and not because of terrorism, but rather  because they were terrified of a future without wealth. During those two stock market crashes, people lost their shirts. Things were different for a time. Why should October of 2001  be any different? Many of the same economic conditions that preceded the periods of depression and recession have been evident over the