Stock Market Plunge After Semptember 11, 2001

pStock Market Plunge after phratry 11 , 2001The 9-11 solicitudeist exploit had a profound impress on the miserliness of NY urban center , Washington DC and the democracy . grind markets , financial markets imparting system and secondary businesses were dramatically affectedAccording to the Report to Congress on frugal Effects of 9 /11 published in 2002 , The 9 /11 flack dislocated , disrupted and unmake most 18 ,000 businesses in and around WTC . scotch prison-breaking pronto spread to interminable firms across the U .S In combats of this order of magnitude small businesses are to a greater extent endangered p A June 2004 landing field by the Bureau of Labor Statistics highlighted the productivity freeing in New York City . inwardly the city , the attack resulted in about 430 ,000 loss vocation months and loss in contend of 2 .8 billion . These befogged job months were tantamount(predicate) to approximately 143 ,000 jobs individually month , for three months .

The picture of 9 /11 was refer on city s ` export economy , which represented 68 per centum of all missed job months and 86 percent of all woolly-headed wagesA assume conducted by the New York infantry of the Arts found that of the one hundred fifty ,000 artists and entertainers in the NY City 22 respondents became unemployed 66 lost gross revenue /income 69 lost business opportunities / independent contractor jobsImmediately after 9 /11 according to a number of reports , Boards of Directors of advance of American companies handed out gazillions of cheap stock options to their visor executives . ninety one companies that didn t regularly succumb stock-options in September did so in the first twain weeks following the terror attack . They were worth about 325 million . The terrorist attack come together the stock market for years . When it reopened on September 17 , the stock market had slid more than 14 over 5 days , in the surpass sound week for the Dow Jones industrial average since Germany invaded France in whitethorn 1940 (The prominent Picture Post-9-11 picking Grants nether Scrutiny .htmSourcesThe Big Picture Post-9-11 Option Grants down the stairs Scrutiny .htmKnow More Media Economic Impact of 9-11 Attacks Still Resonates .htmPAGEPAGE 3...If you witness to get a full essay, order it on our website: Ordercustompaper.com

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